Ramblings

by Mike Masnick




Why Micropayments Suck

from the thank-you dept

It's amazed me for many years to hear people talk about micropayments as if they will solve all of our problems, when I think they'll only cause many more problems. Here's an article explaining why micropayments are unlikely to ever work. First, people don't like variable payment systems. It's pretty clear that people like flat-payment all-you-can-eat plans. It was true with ISPs, it was true with cell phone plans, and it's becoming true with long distance plans. Why do people think it's the opposite with internet content? The article also points out that micropayments also mean income for companies is much more variable. Finally, the author points out that the infrastructure to support a true micropayment system would simply be too expensive and too cumbersome to work well.

Reader Comments

Subscribe: RSS

View by: Time | Thread



Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Techdirt Gear
Shop Now: Math Is Not A Crime
Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories
Advertisement
Report this ad  |  Hide Techdirt ads

Close

Email This

This feature is only available to registered users. Register or sign in to use it.