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The March Towards Micropayments

MattW writes "It's been well over a year since Ron Rivest's company Peppercoin was introduced on Slashdot. Now, the AP is reporting that Peppercoin 2.0 is here. Peppercoin's website indicates that version 2.0 pays merchants exactly what they charged, instead of with cryptographically signed tokens which may or may not sum out to exactly the expected charges. This looks like the technology that will enable credit card acceptance in vending machines and video games, but may not solve the need for truly "micro" payments, like paying $.005 for a page view."

4 of 224 comments (clear)

  1. Re:reply by hunterx11 · · Score: 1, Redundant

    If I tell you my opinion of your challenge, will I only have to pay $0.1998?

    --
    English is easier said than done.
  2. Re:Ho hum by dylanm · · Score: 0, Redundant

    Finally, who the hell wants to type in a 16 digit credit card number, 4+ digit expiration, name, address, etc, etc, to view a web comic?


    Try the Google Toolbar. Works wonders for entering credit card and address info quickly.

  3. Re:Micropayments are a nice idea but... by cryms0n · · Score: 1, Redundant

    I agree, I use jew frequently in a casual context.

    I do not think its a big deal.

  4. Just wait by sulli · · Score: 0, Redundant
    until the skript-kiddies hack websites to swipe $0.10 per pageview without your permission. Hacked pages already swipe personal info from IE users - why not skip straight to the cash?

    (Yet another, as if there weren't enough already, reason why micropayments won't ever catch on. Much to the chagrin of content providers.)

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    sulli
    RTFJ.