Learn Everything You Need To Know About Micropayments

A micropayment is regarded as a specific kind of transaction that involves a small sum of money. When you opt for this financial transaction, you have to do it online. Since the mid to late 1990s, several kinds of micropayment systems have been introduced, and these systems were created for involving very little amounts of money, and some practical systems permitted transactions that were lesser than US$1!

The effectiveness

Micropayments allow digital content to get monetized as they permit people to pay only small amounts for each piece of content. And publishers and content creators opt for this model of payment as it gives them more revenue, control, engagement, and, most important, flexibility. Many industries that, include gaming, music, video, and news, have begun to adopt micropayments. However, micropayments, at times, pose some challenges, too, that include payment systems, the quality of the content, transaction fees, and the behavior of the consumers.

However, publishers and content creators are needed to address all these challenges if they wish to make micropayments their chosen option. They ought to reveal novice revenue streams and also propose more flexibility and value to consumers they need to leverage micropayments.

Kinds of micropayment systems

You will find various kinds of micropayment models, and digital publishers implement them incessantly. Some popular kinds of micropayment systems are:

  • Prepay– In this model, a user is required to pay in advance as digital currencies, credits, or gift cards. And he does this to get access to content, and all these purchases involve subscriptions too. If you implement prepay, you won’t be required to go through any kind of transaction costs. However, publishers most often require a highly progressive eCommerce system for tracking credits that involve both remaining and being utilized.
  • Pay-as-you-go– In the pay-as-you-go system, a user is required to pay for every individual purchase he makes, and it results in distinct small transactions for all pieces of content. According to a study done in 2011, it has been observed that this payment model offers customers’ a la carte experience as it permits every person to pay for the content instantly. Though preserving the credit cards of customers supports impulse buying, most often, publishers remain cautious and do not want to use this model because they do not want to become overburdened with individual costs that accompany the processing of each transaction.
  • Postpay– You can use the postpay model for finding aggregates of different transactions, and then you will be charged a huge amount. When publishers can eliminate several small purchases, they can save a lot of money on transaction fees. Hence, they look for an eCommerce system that aggregates several transactions.


At times, people need urgent money, but they fail to get it. And in this condition, they think of 소액결제 현금화. Many people wonder whether it is ideal to cash out little payments or not. The information usage fee monetization or mobile phone microphone monetization is used within the limit of micropayment of every telecommunication company, but there should be a mobile phone. However, not every telecommunication company follows the same limit.


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