Money and Models
Tagged Under : Business Model, Money
Last night I decided to investigate something called Micopayments a bit more. Essentially it’s the idea of making a very small purchase for a product or service online. Since we’re talking cents and dollars the biggest problem is making it worthwhile for sellers. The easiest way to make a purchase online is normally with your credit card. But, credit card companies charge per transaction and if the transaction is not sufficiently over that fee then the seller actually loses money. I think whoever comes up with the best way to do micropayments online is going to make a pretty penny.
After I was done reading about micropayments I found a link to various Business Models. It was very interesting to read about all of them.




I thought this was going to be about cash and women. :(
Fooled you didnt I?
[...] Money and Models [...]