FutureWire - futurism and emerging technology

Tuesday, January 03, 2006

Hey, Small Spender!

For years, plenty of people have been looking for ways to make big money from the Internet. But many others are looking to make small money as well...

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