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  1. #1
    HostSearch Web Editor
    Join Date
    Oct 2003
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    91

    Micro Payment System

    Hi

    I am looking for a micro-payment system that can move small amounts of money (10$ or less) around the world (possibly by credit card or any other means) with reasonably low fees. Some of the charges credit card based systems charge negate the possibility of selling products and services with low profit margins and I was wondering if anything has arisen to fill that hole in the market?

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  2. #2
    Registered User
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    Jun 2009
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    Most micropayment systems also try to provide a simple user interface, especially making buying as easy as possible. We believe that to pay a small amount for content or services, the user should use the same user interface metaphor as for regular web content.

  3. #3
    Guest Moderator ~ServerPoint~'s Avatar
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    Nov 2007
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    1,846
    Maybe just new systems. But again all of them have more the 3% commision and for the low payments that might eat up it.
    I know Webmoney. But they seems russian payment system and not really popular here. I have heard several times abdout them and they seems have low fees
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  4. #4
    Senior Member
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    I can say only paypal among trusted system can give the lowest fees
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  5. #5
    Registered User AllobiaCima's Avatar
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    Nov 2009
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    Micro Payment System

    Paypal might be a preferred choice but possibly you need an alternative payment system with paypal otherwise you may loss sales from thsoe customers who dont use credit card or having paypal unverified account.

  6. #6
    Member
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    Oct 2009
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    i heard about advance paypal? what is it?
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  7. #7
    Senior Member
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    Sep 2009
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    I don't know advance paypal,I just know paypal.
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  8. #8
    Registered User
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    Dec 2009
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    Thanks for sharing with us its quite interesting and very useful too.....

  9. #9
    Senior Member
    Join Date
    Aug 2009
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    Without making it more complex, I think you should go for the Paypal as it is easy to use as well as the most trusted one
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  10. #10
    Registered User
    Join Date
    Feb 2010
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    18
    I am looking for a micro payment system.



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  11. #11
    Junior Member
    Join Date
    Nov 2010
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    A micropayment is a financial transaction involving a very small sum of money. PayPal defines a micropayment as a transaction of less than 12 USD,[1] and though micropayments were originally envisioned to involve much smaller sums of money, practical systems to allow transactions of less than 1 USD have not been developed.
    One problem that has prevented their emergence is a need to keep costs for individual transactions low,which is impractical when transacting such small sums, even if the transaction fee is just a few cents.

  12. #12
    Junior Member
    Join Date
    Dec 2010
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    A micro-payment is a financial transaction involves a very small amount of money. One problem is there to stop them is a need to keep low cost of individual transactions, it is unrealistic to such small transactions, even if transaction costs are only a few cents. Micro-payment was originally designed as a way to allow the sale of online content, and involve small sums of money envisaged only a few cents.

  13. #13
    Registered User
    Join Date
    Jan 2011
    Location
    NY
    Posts
    1

    PayPal

    I have to agree with a previous user, PayPal is the way to go. Not only is it cheap and effective, but it is reliable. You also will likely make whoever you are dealing with happier by using a well known and trusted 3rd party payment system. And since it is all online, you can access it from anywhere.
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  14. #14
    Junior Member
    Join Date
    Jan 2011
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    In response to Legal Joe

    Quote Originally Posted by Legal Joe View Post
    I have to agree with a previous user, PayPal is the way to go. Not only is it cheap and effective, but it is reliable. You also will likely make whoever you are dealing with happier by using a well known and trusted 3rd party payment system. And since it is all online, you can access it from anywhere.
    You make a great point, I totally agree! Trust is so important in any kind of relationship, PayPal gives you that trust.
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  15. #15
    Registered User
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    Dec 2010
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    I know Web money. But they seems Russian payment system and not really popular here. I have heard several times about them and they seems have low fees.
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