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Glossary Mobile technology / Term

Micropayment Aggregation

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


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