Digital micropayments

Digital micropayments refer to small monetary transactions conducted electronically, often for digital content or services. They enable consumers to pay tiny amounts—such as a few cents—for individual articles, music snippets, or app features, rather than paying large sums upfront. This system relies on secure, fast payment technologies, making small transactions practical and efficient. Micropayments expand access to digital goods, support creators, and facilitate monetization models that were previously not feasible due to transaction costs or complexity. Overall, they make paying for specific digital items simple, convenient, and cost-effective.