A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online. PayPal defines a micropayment as a transaction of less than 12 USD while Visa prefers transactions under 20 Australian dollars, and while micropayments were originally envisioned to involve much smaller sums of money, practical systems to allow transactions of less than 1 USD have seen little success.One problem that has prevented the emergence of micropayment systems is a need to keep costs for individual transactions low, which is impractical when transacting such small sums even if the transaction fee is just a few cents.
Posts about Microtransactions
    • I Spent $100 In Assassin's Creed Unity So You Wouldn't Have To

      Ten hours into Assassin's Creed: Unity, I'm having difficulty finishing up memory sequence 6. That's just about the middle chapter of the game. I think my character is too weak. His armor isn't strong enough. Neither are his weapons. I could stop working on this memory, instead grinding on side missions and locating chests until I have enough Livres to buy more powerful gear.

      Kotaku- 7 readers -
    • Killzone: Shadow Fall Valor patch gets rid of microtransactions

      In an industry filled with the apparent need to milk all its customers for even more money, even after spending over $60 on the base game itself, Guerrilla Games‘ decision to eliminate the need for in-game purchases (microtransactions) in the multiplayer aspect of their year-old PS4 game, Killzone Shadow Fall, is undoubtedly a very good thing.

      Erwin Murillo/ The Gamer Headlines- 2 readers -
  • Dote Night: Foreseer’s Contract And We Need Megawings

    … to how most players – myself included – think of Dota’s monetisation model. I generally define it as a free-to-play affair where all the things you spend money on are purely for cosmetic effect. They don’t change the game but they do make me happy for various reasons and that’s why I don’t begrudge the microtransactions – they feel entirely optional…

    Philippa Warr/ Rock, Paper, Shotgun- 2 readers -

  • ‘Dungeon Defenders II’ Crashes Onto Steam Early Access Next Month

    … later, the series is prepping itself for the release of its second iteration with Dungeon Defenders II. Developed by Trendy Entertainment, the Dungeon Defenders series took the tried-and-true tower defense formula and injected it with a healthy amount of action. When news broke that its sequel would be taking the form of a MOBA, many fans were upset…

    Ryan Blanchard/ Game Rant- 4 readers -
  • Ryse: Son of Rome Won’t have Microtransactions When it Launches on PC

    … Almost every exclusive Xbox One launch title has now made its way to PC with the latest addition being Crytek’s Ryse: Son of Rome which is set to bring action-packed Roman battles to keyboard and mouse wielders on October 10. The game is set to come with all of the games DLC as well as 4K resolution support, but Crytek are omitting one thing…

    Aaron Richardson/ n3rdabl3- 2 readers -
  • #GamerGate: EA Outed For Covering Up 40,000 Users Being Hacked

    … that gaining access to e-mail accounts and forum data can still be quite damaging, even if EA’s rep above tries to damage control the situation. Some users share forum account info with their login data for some games. In an age where many games are centered around digital purchases and microtransactions, it’s just an e-mail address and password…

    William Usher/ One Angry Gamer- 46 readers -
  • Free-to-Play MOBA Dragons & Titans Removes Microtransactions

    … In a press release sent to Gaming Cypher today, Indie developer Wyrmbyte announced that it has changed the business model for free-to-play MOBA Dragons & Titans. Play for Free or Buy All Content for a Low, One-Time Price Austin, TX — September 10, 2014 — Indie developer Wyrmbyte today announced that it has changed the business model for its…

    Galit Gordon/ Gaming Cypher- 5 readers -
  • There's A New SimCity Game Coming To Mobile

    … horrible Ultima and horrible Dungeon Keeper, so I fully expect this to be a free-to-play, always online affair rife with microtransactions and timers. There's always the chance EA could surprise us. For all we know SimCity Build It might be a $10 or $15 premium game that gives players access to everything they could ever want to build their dream city, fully playable offline. I just don't see that happening. We'll have more on SimCity Build It when there is more to share about SimCity Build It. …

    Mike Fahey/ Kotaku- 3 readers -
  • World Of Warships Hands-On: Overcoming Skepticism

    … By Graham Smith on September 9th, 2014 at 7:00 pm. World of Tanks makes sense. It’s Counter-Strike with moveable turrets; angry houses hiding behind placid houses, streets like corridors, cannons like machineguns, machineguns also like machineguns. World of Warplanes makes sense, sort of, on paper. Planes. They’re like tanks but they fly…

    Graham Smith/ Rock, Paper, Shotgun- 4 readers -

  • Destiny “Currently” has no Microtransactions, But is it in the Games Future?

    … Microtransactions seem to be a growing trend in games right now, whether it's paying a little bit here to outfit your gun with cats, or whether it's paying a bit there to unlock a car earlier than your current progression allows. It's a plague that seems to be absorbing almost every game in its wake, but according to Bungie Destiny has none - for now. Read more of Destiny “Currently” has no Microtransactions, But is it in the Games Future? on n3rdabl3. …

    Aaron Richardson/ n3rdabl3 -
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