Micro-payment refers to some small funds paid on the Internet. This payment mechanism has special system requirements. On the premise of satisfying certain security, it requires as little information transmission as possible, and has low requirements for management and storage, that is, high speed and efficiency. This payment method is called micropayment.

trait

1, Internet information service is different from the traditional purchase of tangible goods. The characteristic of information service is convenience and quickness. No matter how far away, the information service on the Internet can be completed in a few seconds, which requires that the payment method must also be completed in a few seconds, and it is convenient and effective.

2. The cost of information service on the Internet is very small, so it is required that the payment system should not be complicated, otherwise the cost of processing each payment by the payment system may exceed the cost to be paid.

3. micropayment 20 13 is not applicable to SSL and SET protocols.