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by battani
4413 days ago
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What kinds of use cases can you think of for microtransactions? There's a reason entire industries are moving toward the pay-by-the-month/year model instead of pay per use (Spotify, SaaS, online edition of newspapers, etc.). > For example I wouldn't mind paying 0.001 cent to read an article. Most people would actually prefer paying a monthly price rather than pay each time they consume content. Why? Clay Shirky explained it best almost 15 years ago: http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.ht... In short, consumers HATE micropayments because they want predictable and simple pricing. |
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