Lorie Wimble Lorie is the "Liberal Voice" of Conservative Haven, a political blog, and has 2 astounding children. Find her on Twitter.

Can bitcoins hit the mainstream through micropayments?

22 sec read

There are those who will swear by the concept of bitcoins, that they represent a safer and more efficient future. There are others who believe that they’re a fad akin to Second Life or the pet rock. Can they break into the mainstream through micropayments?

Different payment processors have different opinions on the definition of a microtransaction, commonly known as a miniscule payment for a good or service.

Small businesses in the US like to require that customers make at least a $10 transaction on a credit or debit card. That’s because some processors charge more for smaller transactions in order to make money on every purchase.

Avatar of Lorie Wimble
Lorie Wimble Lorie is the "Liberal Voice" of Conservative Haven, a political blog, and has 2 astounding children. Find her on Twitter.

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