My Way News - Old Web idea of micropayments finally finds a home
AP reports: "Online micropayments are nothing new. They emerged in the 1990s but never really caught on, in part because early attempts often had people spend tiny amounts of money - a dime here, a quarter there - instead of buying a bulk of credits up front and using them in bite-sized bits. Now when people buy virtual credits in larger increments and spend them over time, companies don't have to worry about the cost of using credit cards or other payment methods for the individual transactions."