Top 10 of 2010: A Brief History of Micropayments
[This was my second most popular X.com item last year.]
PayPal was not the first service that could handle micropayments, but it may just be the best. It is certainly one of the most fairly priced and widely available.
This article examines the development of electronic financial transactions starting from the inception of credit card networks up through today’s multi-billion dollar online commerce and payment systems. I will discuss how we got to this point and what we might expect to see in the next few years.
Read on to learn about what micropayments are and how you can take advantage of PayPal to handle them easily and inexpensively.