Micropayments in a developed world; m-payments in our world


Posted on August 27, 2007  /  0 Comments

The article below talks about micro payments in the context of almost everyone having computers, Internet access, credit cards, etc.   What we are talking about is m-payments (m for mobile, not micro) in a world where those assumptions don’t hold.   But there may be ideas we can pick up from this discussion.

In Online World, Pocket Change Is Not Easily Spent – New York Times

The idea of micropayments — charging Web users tiny amounts of money for single pieces of online content — was essentially put to sleep toward the end of the dot-com boom. In December 2000, Clay Shirky, an adjunct professor in New York University’s interactive telecommunications program, wrote a manifesto that people still cite whenever someone suggests resurrecting the idea. Micropayments will never work, he wrote, mainly because “users hate them.”

But wait. Amid the disdain, and without many people noticing, micropayments have arrived — just not in the way they were originally envisioned. The 99 cents you pay for a song on iTunes is a micropayment. So are the tiny amounts that some operators of small Web sites earn whenever someone clicks on the ads on their pages. Some stock-photography companies sell pictures for as little as $1 each.

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