Tuesday, October 4, 2011


I am in the midst of reading a new (& well written) whitepaper on Mobile Payments from the Smart Card Alliance.

I came across this defition of transaction sizes; " Transaction Size
Transaction size affects the choice of mobile payment technology and approach. Mobile payments typically fit into one of two transaction size categories. Micropayments (less than $10-$25) are typical for paying for ring tones, music, parking, transit, coffee, and items in convenience stores. Macropayments (over $25) are typical for all other transactions, such as person-to-person domestic and international remittances, charitable donations, Web site purchases, bill payment and retail POS."

I see things here a little differently. I have always thought of micropayments as $1-$2 in size, minipayments as $3-$7 and normal or as they say macropayments as $8+.

What are your thoughts?


topup said...

Mobile recharge, Easy Recharge and Pinless Calling toIndia, call England, call Spain, call Germanyand call Pakistan in best rates with great quality, you can recharge international mobile phone from US and Canada
Wireless Pins

Anonymous said...

So what are payments that run just a few pennies called?

Incidentally, Bitcoin works as a micropayments, macropayments, etc. A transaction can be a couple pennies or a couple thousand dollars worth, with the same fee (fraction of a penny).

sklebe said...

Those would also be micro but are so rare I did not bother to include.