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micropayment
(redirected from Micro transaction)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
micropayment
An electronic commerce transaction of very low value. It may refer to charging just a few cents or even a fraction of a cent for a transaction such as an information lookup. It may also refer to aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount. See microcommerce.


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By William Fellows The return of "pay per view" or the micro transaction is being driven by Seattle's Qpass Inc, but Silicon Alley rival Cha
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Because, Daniell says, these and other technologies were developed to support the micro transaction model heralded as the way e-commerce would be conducted on the web.
 
 
 
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