I've always thought the biggest problem with micropayments is the mental cost of deciding whether or not to purchase something.
I've always thought the biggest problem with micropayments is the mental cost of deciding whether or not to purchase something. Decisions are painful, and deciding whether or not to spend $0.20 online isn't much less painful that deciding to spend $2.00 or $20.00 online. The pain of deciding whether or not to spend $0.20 far, far outweighs the value of the $0.20 to me. This suggests micropayments are an inefficient payment system. Being asked whether or not I want to spend $0.25 or $0.50 twenty or fifty times a day is not an appealing prospect. In short, don't make me think.
Posted by gabemart on Jul 9, 2014, 10:48 AM
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Raise real-world problems, find people facing the same issue, and discuss solutions.9,500 issues0 comments
pricing (FinTech)
While I hate that it's like this, you're leaving money on the table.
The biggest problem with micropayments is how credit card payment processors work.
I think with the advent of cheap Chinese electric cars (new BYD for 7-9k€ in China) VW will die a slow death, slowed down by tariffs, tax...
The German bank I have an account with solves this by making the statements available online and considering them delivered if the statem...
Feature Request: India-Specific Pricing Plans (INR) for Claude & Claude Code
Think about cabinet from 1972 for one electricity meter.
You're right, but until the laws change we should be telling everyone how and make these tools better.
I worked in this industry as a software developer.
I've always thought the biggest problem with micropayments is the mental cost of deciding whether or not to purchase something.
I've always thought the biggest problem with micropayments is the mental cost of deciding whether or not to purchase something. Decisions are painful, and deciding whether or not to spend $0.20 online isn't much less painful that deciding to spend $2.00 or $20.00 online. The pain of deciding whether or not to spend $0.20 far, far outweighs the value of the $0.20 to me. This suggests micropayments are an inefficient payment system. Being asked whether or not I want to spend $0.25 or $0.50 twenty or fifty times a day is not an appealing prospect. In short, don't make me think.
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