Micropayment systems hold with them numerous advantages and benefits, still there are some myths revolving around their usage and efficiency which affects their popularity in the market eventually making consumers and merchants resistant to integrate them and widen their product base.
Micropayments, as the name suggests, are low valued financial transactions for purchasing services and merchandise online from merchants’ sites. There are a number of reasons to convince you to start thinking about integrating a micropayment platform on your site as a merchant and using these platforms in place of the traditional payment systems as consumers.
Publishers face many challenges because of the changing face of the internet.
These days various micropayment platforms are available in the market to help you with purchasing goods and merchandise at incredibly lower prices like PayPal, M-Coin, Flattr, Jamatto, GNU Taler, etc.
Integrating a plugin for allowing your customers to get involved in micropayment transactions can help you to provide an amazingly fast, convenient, simple, highly efficient, secure and anonymous way to purchase the goods and services offered by your site
When integrated properly the plugin helps merchants in expanding their business by offering products and services at very low prices as well as allowing consumers to be able to buy such services and goods at nominal prices from the merchant’s site.
With digital wallets or virtual wallets, you get the flexibility and ease of making online transactions directly without the need to every time fill out the required details for a successful transaction.