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Old 08-14-2001, 02:42 PM   #31
JonPKibble's Avatar
Join Date: Apr 2001
Location: New York
Posts: 209

I agree, it would be a great utopia for webmasters. While paying a penny or a fraction of a penny wouldn't offend most people - the problem lies in how many will be able to create an account with paypal. Many people still do not shop online, let alone the teenagers without credit cards. For instance out of all the people I know personally , which would represent a pretty technological bunch, most do not do any online purchasing, out of those that have credit cards. Yes a penny or two isn't a big deal but if you are asking someone to deposit $20 into an account that will be spent on visiting websites suddenly it seems like a lot more "a penny here, a penny there.... 20 bucks for surfing the net? No way!"

BUT - if there was a way to add it onto your ISP bill or something - maybe then it would fly. But it all comes down to the initial transaction, getting people to make the transaction that will create a pool of money to pay from.

It is my prediction that this micropayment system will not surface. While it seems like an OK idea I just do not see how it will work smoothtly. (But if it does work all the better!!!)
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Old 08-14-2001, 03:08 PM   #32
Robert from SI
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Join Date: Jan 2001
Location: Marlton, NJ USA
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I don't think it will surface either.

I think it's workable, but the transaction costs might make it unprofitable.

I do think if the payment system were in place (and widely adopted) that the surfer would be willing to click on the "1/2 cent for access" button. especially if the site put in a cookie and gave them unlimited acess for a week...

You'd be able to surf for quite a while for $.50 or so.
It's all just ones and zeros.
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