micropayment

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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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You see, that's it: We allow online readers to get on to our website, even into our stories, but, like these new games such as Social City - build your own city - we require micro transactions for them to learn "the rest of the story." (Just kidding, of course, about paying today; my plan still needs some fine-tuning before it's ready.)
In addition, the mobile gaming population also grew as popular mobile games require zero upfront cost, thus increasing accessibility to a larger group of consumers while encouraging micro transactions at the same time...
In moving to the next level of the financial inclusion lifecycle, disruptive innovation is necessary to ensure that day to day micro transactions are formalised," said Douglas Mboweni, CEO of Econet, adding that "EcoCash Ta!
"Our investment into virtual infrastructure is critical in enabling our long-term success in a highly competitive Internet-enabled market, where instant gratification and micro transactions dominate," said Esmaeel AlHammadi, Senior Vice President of Network Development at Etisalat.
People across cities and income categories would use payments banks for micro transactions. Along with a full-fledged bank account, they will have a separate payments bank account.
According to the company, the partnership includes revenue generating micro transactions within Cie's Facebook game Car Town, in-game film integration, a Regal Cinemas ticket purchasing promotion and a home entertainment retail component.
"It's made a lot of money in the past from investing in a company called GlobalCollect, which does the micro transactions for online games like World of Warcraft.
Nintendo was criticised for entering the lucrative world of smartphone apps too late, due to an apparent reluctance to compromise, and its eventual entry has seen it dabble in the controversial trend of micro transactions and "loot boxes", in which gamers pay for minor upgrades.
While the upcoming mobile game will feature micro transactions, Tencent and Konami have yet to confirm it's release date as of Thursday morning (March 31).
This glitch makes use of the micro transactions menu in order to glitch out the game allowing players to reset the gender of the character by replacing the head of a female with a male.
But the MMO influence goes deeper than just combat - up to six players can take on quests online, while optional in-game micro transactions are also available.
Rockstar(http://www.ibtimes.co.uk/articles/511436/20131004/gta-online-micro-transactions-server-problems-fix.htm) announced on Friday that it has issued an update to help fix a long list of bugs people had been experiencing since the game went live on 1 October, including issues with micro transactions and characters being deleted.