Glossary Mobile technology / Term
Micropayments are aggregated because the cost to process each micropayment individually may exceed the total cost of the transaction. Typically, processing charges on amounts below $9.99 is not cost effective. Therefore, In-Stat believes that carriers and merchants will aggregate all micropayments and charges below $9.99, or turn to third-party aggregators.
Permanent link Micropayment Aggregation - Creation date 2021-10-31