Micropayments: An Idea Whose Time Has Passed Twice?

  • Authors:
  • Michael Lesk

  • Affiliations:
  • Rutgers University

  • Venue:
  • IEEE Security and Privacy
  • Year:
  • 2004

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Abstract

Articles in the business press suggest there is a resurgence in the popularity of the idea of micropayments, but challenges remain on multiple fronts before such technology could play a significant role in the global economy. Not least among these are sociological issues that could keep users from embracing micropayments as a solution any time soon.