cryptocurrency micropayments could potentially be much smaller. What if you could pay per packet the wifi access point forwards for you? Or pay per watt some charger gives you? Maybe nanopayments is a better name for them.
Re Paypal cost, is that micropayments to businesses? I just sent my friend $0.01 and it was free, with a linked bank account. Understood that the bank account payments take a while to settle but we're talking about micropayments so settlement time doesn't really matter
Fair point about nanopayments. But what's the win? Why split up the cost per single watt or packet? No one cares about losing one cent per day due to rounding errors
RE the charger, that problem has mostly been papered over because people are willing to pay a decent amount over the cost ceiling for this kind of service (China you can pay $1 or so to rent a battery charger, and that's way more than the cost of the electricity).
Though the idea of even jokingly giving miniscule amounts of money to friends has some traction in stuff like WeChat. If the systems were more open then you could run a collection system on your site pretty easily.
brian_cloutier|7 years ago
cryptocurrency micropayments could potentially be much smaller. What if you could pay per packet the wifi access point forwards for you? Or pay per watt some charger gives you? Maybe nanopayments is a better name for them.
QuackingJimbo|7 years ago
Fair point about nanopayments. But what's the win? Why split up the cost per single watt or packet? No one cares about losing one cent per day due to rounding errors
rtpg|7 years ago
Though the idea of even jokingly giving miniscule amounts of money to friends has some traction in stuff like WeChat. If the systems were more open then you could run a collection system on your site pretty easily.
icelancer|7 years ago
Some of us are banned for no actual reason from Paypal. Some others, banks.