just asking out of curiosity: wouldn't $1 still qualify as a micropayment as well, i.e. a charge easily consumed by processing fees alone? as much as half of $1 easily goes to fees until you aggregate-charge the buyer (if that is even feasible).. and even amazon fps and paypal fee schedules are not that cheap.
I do remember someone bringing up how Apple does micropayments (a la iTunes Store) and Apple charges once or twice in the beginning and then aggregate-charges the rest anywhere from the same day to a few days later. Most places interested in micropayments don't have that kind of luxury of users who will store credit card numbers and buy things on a regular basis..
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just asking out of curiosity: wouldn't $1 still qualify as a micropayment as well, i.e. a charge easily consumed by processing fees alone? as much as half of $1 easily goes to fees until you aggregate-charge the buyer (if that is even feasible).. and even amazon fps and paypal fee schedules are not that cheap.
I do remember someone bringing up how Apple does micropayments (a la iTunes Store) and Apple charges once or twice in the beginning and then aggregate-charges the rest anywhere from the same day to a few days later. Most places interested in micropayments don't have that kind of luxury of users who will store credit card numbers and buy things on a regular basis..