The Death of Micropayments?
Elizabeth Millard,
E-Commerce Times,
Jan 13, 2004
What can go wrong with micropayments? Just about everything. Consider what happened to those companies that tried and failed: ""Some were platform dependent, or asked for unreasonable percentages of the take, or relied on putting everything on a centralized site, which would make them a portal. It seemed like every one of them offered a different road to hell." But that does not entail the end of micropayments. It tells us, though, that any such system must be platform neutral, inexpensive, distributed, and simple.
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