micropayment

Noun

Meaning

micropayment (plural micropayments)

(economics) A financial transaction for a very small amount of money

Examples

M-Pesa doesn't seem to be online banking, its more of a micropayment scheme using your pre-pay credit on your phone. Source: Internet

I made a payment prediction back in 2007 that a viable micropayment requires a core… and now have a patented model for this via a single provider and pending for multiple providers. Source: Internet

Making individual articles available at micropayment levels would tempt even more librarians to use this method of accessing the literature, and further undermine subscription revenue. Source: Internet

Close letter words and terms