Micropayments and microtransactions are typically payments that are less than $5. Though, when most people think of micropayments, they are envisioning transactions that are less than 1 cent.
Give this a listen and see if it opens your eyes to the potential of these tiny transactions!
You can also read more on the topic by clicking on the link above.
More Helpful Articles:
Forbes: Micropayments Are A Macro Opportunity
Forbes: Are Micropayments The Future Of Online Transactions?
CS.Stanford.edu: Micropayments: A Viable Business Model?
Bottlepay: 10 Uses For Micropayments
FinExtra: Micro Payments - A Revolution in the Payments Landscape
