We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Micropayments: challengesand trends - Essay Example

Comments (0)
The paper “Micropayments: Challenges and Trends” discusses the advantages and disadvantages of micropayment based system. Although the micropayment based system has several advantages there are also certain disadvantages that are associated like technical, social and economic issues…
Download full paper
Micropayments: challengesand trends
Read TextPreview

Extract of sample
Micropayments: challengesand trends

Download file to see previous pages... However, while going in for practical implication it was found that the micropayments involving such small amount was hardly feasible and a viable business model. One of the simple issues those hiders the success of micropayment transactions of such low value is the incide4nce of transaction fee. The major problem in the implementation of micropayments is this transaction fee. Since micropayments involve such small amount, so transaction fees, even if of the order of few cents has a very negative impact. Different companies define micropayments differently. Pay Pal for example states that transactions less that 10$ classify as micropayments where as Visa says that transactions less that 12 Australian $ classify as micropayment. Background studies Micro payments were envisaged to be small payments that are used for selling online content to its consumers. The business model used in micro payments is used for replacing the traditional model. The main idea is that the users of this model have easily access the services and the articles that are required by the users. The income that is derived from the micropayment mainly supplements the income from the advertisement. The micro payment system is likely to be considered for providing the right solution in earning the money online.  Media companies do not progress in the world where the micro payment system is not able to make money.  In order to make necessary payments to the people the publishers are required to increase and develop the relevance. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Global trends
Similarly, these individuals are increasingly insightful in their subsequent choices of target investment opportunity. In the preceding century, and up to the turn of the past decade, manifold investors preferred portfolios driven by technology. Nonetheless, recent developments show a shift from this perspective to newer ideals that focus on sustainability.
3 Pages(750 words)Essay
Trends (Economy)
This resulted to a rise in the amounts of loans being advanced by the banks and that also with a desperate objective of earning higher revenues in the process, by advancing loans at
1 Pages(250 words)Essay
Nutrition Trends
The following trends are back in action: 2. Stress easer: To meet everyday challenges and to prove ones worth stress is silently plays a pivotal role and one seek the necessity of new food items and beverages to have a feel of
2 Pages(500 words)Essay
Any business that has a positive effect on the environment stands to grow in the future (Wade, 2009). Another trend that the world will see is the increasing popularity of online shopping. With online banking getting the confidence of consumers, more people will
1 Pages(250 words)Essay
Emerging Trends
ospital require counselor who has the ability to provide the helping hand and work to improve the state of mind of the mentally stressed individuals with compassion and in some cases the right to prescribe medications as in two States Louisiana and New Mexico. (Job Outlook,
1 Pages(250 words)Essay
This proved to be a great hazard for the President Jefferson, and he went as far as signing an anti-French alliance with Britain. Along with this, various diplomats
2 Pages(500 words)Essay
Music Trends
I believe that musicians should have say into how their music is used. Frequently this is witnessed in political campaigns when a musician doesn’t want the Republican Party to use their music.
2 Pages(500 words)Essay
Coffee contains caffeine and an average cup of coffee entails 100 mg of caffeine in it (Weinberg and Bealer 228). Caffeine increases brain, heart and muscle activity and subsequently a person
4 Pages(1000 words)Essay
Fashion trends
The research focused on the fashion dynamics exhibited in the UK with particular attention the trends in London. The city is one of the fashion trendies in the state with a greater part of the customers investing in various types of fashions as they trend into the market. The results of the research will help in planning of marketing strategies for products.
5 Pages(1250 words)Essay
IT Trends
4; Koetsier par. 3). This paper gives a brief explanation of the aforementioned trends, where they can fit in the business enterprise, and ways they can be
2 Pages(500 words)Essay
Let us find you another Essay on topic Micropayments: challengesand trends for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us