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micropayment |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.03 sec. |
micropaymentAn 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Offered primarily as an ASP-hosted service, Javien's technology helps digital music sites successfully deploy and manage subscriptions, pay-per-view, downloads, micropayments and alternative billing. Payments other than by cash are being made across increasingly diverse payments applications, such as for parking, vending, mass transit and other micropayments. The highly anticipated game, which is currently in the open beta phase in Korea, will offer players free basic service in the market with optional in-game items and services offered for nominal fees, also known as micropayments. |
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