Hey, Small Spender!
In 2005, the number of people spending $2 or less online nearly doubled, to about 20 million. Most of these purchases are downloadable songs and ringtones, but the development suggests the long-predicted rise of micropayments, which can allow content creators of all types sell small units (articles, pictures, video clips, etc.) for small amounts and make a profit.
P.S. As this is FutureWire's first post of 2006, here's wishing all our readers a happy, safe and prosperous new year!
Source: CNN/Money
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