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A Viable System for Micropayments?

KalvinB asks: "According to The Case for Micropayments, Nielson makes the case that subscriptions fence you in because you either pay nothing and get nothing or pay a large fee. I'm curious as to why a large fee is the only option. Perhaps in 1998 bandwidth was as expensive as gold but five years later I propose A Viable System for Micropayments and how to implement it. The cost can easily be calculated either arbitrarily or by determining the amount of bandwidth the average user uses per month or year. I'm curious as to how viable you think this system is and if you have any ideas for improvement. Mainly in calculating cost and accepting payments. I think the biggest obstacle to micropayments is a complete misunderstanding of the term 'micro.' In the article it's talking about paying several dollars per page at some sites. By my calculations that file better be 5GB or more. It's greed, I think more than anything, that's limiting it's acceptance. Sites don't want to charge a reasonable fee and people think their ISP bill is an all access pass to the Internet. The idea of actually paying for products they use and paying more than the product was produced for is suddenly lost when they go online."

11 of 459 comments (clear)

  1. woooo hooooo by Anonymous Coward · · Score: -1, Offtopic

    woohoo first post!!

    1. Re:woooo hooooo by Anonymous Coward · · Score: -1, Offtopic

      By all means, I think a kegger is called for, high school style !

    2. Re:woooo hooooo by Anonymous Coward · · Score: -1, Offtopic

      Beast or Natty Light? My parents will be out of town this weekend.

  2. First Post by Anonymous Coward · · Score: -1, Offtopic

    Woo!

  3. Re:ASK slashdot? by mgs1000 · · Score: 1, Offtopic

    Take a statement, add a question mark, and viola! A question.

  4. Micropayments... by Anonymous Coward · · Score: -1, Offtopic

    http://slashdot.org/~$$$$$exyGal

    +-----------+
    |There once |
    | was a girl| You can pay for my service
    | named | any way you want. I prefer
    | | getting paid all at once so
    |$$$$$exyGal| you can't back out of the deal
    | | later, but I'll take micropayments
    | She was | if that's all you trust me with.
    | very |
    | very | -- The porn industry
    | very |
    | *horny | (this comment made possible by
    | | a huge-ass advertisement)
    | She would |
    | walk | *it's funny, laugh!
    | around |
    | her |
    | house |
    | completly |
    | nude. |
    | |
    | She left |
    | her |
    | curtains |
    | open |
    | so you |
    |could watch|
    | |
    | come! |
    +-----------+

    http://slashdot.org/~$$$$$exyGal

  5. IN SUNNY FLORIDA by Anonymous Coward · · Score: -1, Offtopic

    There is no such thing as a micropayment.

  6. Use hexadecimal too. by Anonymous Coward · · Score: -1, Offtopic

    Now's the time to get rid of decimal. Use hexadecimal in figuring amounts.

  7. I want to cry by von+Prufer · · Score: -1, Offtopic

    Why is greed getting such a bad rap? I need to make money somehow. First I send spam and you drive by my house all the time leaving animal feces by my door. Then I ask you to renew your domain through me when you never signed up with me and you report me to all sorts of federal bodies that have no business telling me what to do and, finally, you tell me that I shouldn't charge per kilobyte for cut and paste AP wirefeeds.

    What is this world coming to??

  8. HAte to tell ya. by Anonymous Coward · · Score: -1, Offtopic

    THem werent animal feces. I like to leave that personal touch.

  9. Re:Flawed reasoning... by Anonymous Coward · · Score: -1, Offtopic
    "I'd *happily* buy episodes of Deep Space Nine if I could download them from a server that's reliable."

    You sir are a depraved motherfucker. When I am in charge, people like you wil be sentenced to be imprisioned in an iron box -- with spikes on the inside. The only way you could have been worse was if you claimed to like "Voyager".