micropayments
Small digital purchases
Micropayments are very small financial transactions, typically fractions of a dollar, processed electronically.
The concept emerged with digital commerce as a way to pay for individual pieces of content—a single article, a song, a few seconds of video—rather than subscribing to entire services.
The platform uses micropayments so readers pay only for what they read.
Despite decades of interest, transaction fees have historically made true micropayments impractical, though cryptocurrency and new payment systems continue to revive the idea.
Converting something into revenue
- freemiumHybrid monetization approach
- paywallFee-based content restriction
- subscriptionPaid recurring access
- PatreonRecurring fan funding platform
Kickstarter · crowdfunding · microtransaction · pay-per-view · pay-per-click · ad-free · DLC
Encrypted decentralized money
- blockchainCryptographic linked transaction record
- e-walletElectronic payment storage system
- BitcoinPeer-to-peer electronic cash
- PayPalOnline money transfer platform
Venmo · Stripe · NFC · contactless · Zelle · in-app · API · tokenization
Tech-driven monetary services
- unbankedWithout bank accounts
- remittanceFunds sent elsewhere
- cashlessNot using physical money
- peer-to-peerServerless network architecture
decentralized · frictionless · democratization · accessibility · cross-border
Dollar subdivisions
- penniesOne-cent coins
- fractionsParts expressed numerically
- incrementalProceeding by small additions
- tippingPaying beyond the bill
Charging for services rendered
- feesCosts for services
- settlementResolved dispute or colony
- clearingTreeless space in forest
- invoicingIssuing payment requests
ledger · reconciliation · debit · credit · transfer · payer · payee · authorization
monetization
Converting something into revenue
- freemiumHybrid monetization approach
- paywallFee-based content restriction
- subscriptionPaid recurring access
Patreon · Kickstarter · crowdfunding · microtransaction · pay-per-view · pay-per-click · ad-free · DLC
cryptocurrency
Encrypted decentralized money
- blockchainCryptographic linked transaction record
- e-walletElectronic payment storage system
- BitcoinPeer-to-peer electronic cash
PayPal · Venmo · Stripe · NFC · contactless · Zelle · in-app · API · tokenization
fintech
Tech-driven monetary services
- unbankedWithout bank accounts
- remittanceFunds sent elsewhere
- cashlessNot using physical money
peer-to-peer · decentralized · frictionless · democratization · accessibility · cross-border
cents
Dollar subdivisions
- penniesOne-cent coins
- fractionsParts expressed numerically
- incrementalProceeding by small additions
billing
Charging for services rendered
- feesCosts for services
- settlementResolved dispute or colony
- clearingTreeless space in forest
invoicing · ledger · reconciliation · debit · credit · transfer · payer · payee · authorization · verification
- digital economye-commerce, online shopping, digital marketplace, digital markets, online marketplace
- revenue streamsad revenue, subscription, commissions, fees, direct sales
- e-commercecheckout, shopping cart, online shopping, cart, online retail
- mobile commercem-commerce, mobile commerce, mobile checkout, digital wallets, in-app purchases
- pricing modelssubscription, volume discounts, bulk pricing, freemium, pay per use
- revenuegross revenue, net revenue, total revenue, revenue streams, sales revenue
micropaymentssubscription
Paid recurring access
unlimited plan · membership fees · lifetime access · freemium · ad-supported