Wednesday, September 10, 2008

globeandmail.com: Old Web idea finally finds a home

Micropayments were a big idea ten years ago when the web was getting started. The simple idea was that with web technology it would be possible to pay very small amounts - say 5 or 10 cents - for little services or products. The low cost of processing payments made this feasible. However, it never got off the ground. Recently, however, there seems to be a rebound happening, where micropayments are being used to sell items to teens, accessories for games and time spent playing games. Will it take off this time? Maybe. globeandmail.com: Old Web idea finally finds a home

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