Big Bucks In Micropayments

After all the negativity about micropayment systems, it’s interesting to note this:


Demand for so-called micropayment systems is growing quickly. Some 14 million Americans made digital-content purchases of $2 or less in 2004, up from 10 million in 2003, according to market-research firm Ipsos-Insight. That’s prompting merchants to turn to micropayment-system providers such as BitPass, Peppercoin, and Webpay.

So, perhaps, there is room for micropayments as a possible way to make money online. Or maybe, I’m just being too optimistic.

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3 Responses to Big Bucks In Micropayments
  1. annew
    May 20, 2005 | 8:18 am

    Years ago I worked for a now-defunct micropayment co… I still think there’s room for micropayments!

  2. [...] I’ve been a keen supporter of the micropayment system even when some people questioned their use. I’ve always liked the idea of giving people the ability to become online merchants without huge capitals. Sometime last year, studies showed that after some tweaking and twisting, micropayment systems are finding their place online. [...]

  3. Druckluftramme
    September 14, 2007 | 4:08 am

    good blog

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