July 21, 2003
Developing Systems of Online Payment
My spin: Micropayments - this has been talked about for several years and there ARE a few services that do offer ideal solutions. Unfortunately they dont' come to mind right now. However, the more that enter the field, the better it is for content sites like mine (and thousands of others)
NY Times News Clip: FEW start-up Internet companies are taking on a problem that goes back to the earliest days of online commerce ó micropayments. Like others before them, they hope their solutions will crack open an online piÒata of pennies and dimes.
The idea is to enable customers to pay pennies for digital content ó to read a story on the Web, for example ó and to help online merchants collect small fees while still making a profit.
(full story)
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