igorsk Thanks, I just checked out the site, similar to Paypal I am afraid.
The free transaction bit is tied up in a way I find difficult to understand.
There appears no provision for fractional amounts.
A true micro-cash system is a problem because it depends on having a very large real bank account before it starts even paying its setup and running costs, and this would take time, perhaps five or more years, if it were successful (no guarantees there either despite my enthusiasm).
That's why they all go for transaction fees.
My hope is that micro-cash gets set up by a business consortium of those already in net-commerce goods and services, on the basis it underwrites their main business, rather than becomes an immediate profit enterprise (in effect its should be run as a trust).
I am serious - the main players in the market of selling electronic medium is the porn industry. Not ebooks, or anything legit, but porn (just a fact I am afraid).
If any of that industry is reading this post - please think about it, simple anonymous micro-cash, no direct credit cards (lets admit it folks you are not trusted), no impost on spending hence per item charges that can be quite small and often repeated.
|