August 2007
- [NEWS] New Payment Service For Microtransactions Nick Koranda
- [NEWS] New Payment Service For Microtransactions Michael Chui
								On 8/3/07, Nick Koranda <nkk@eml.cc> wrote:
 >
 > Amazon is starting a payment service tailored at unique and/or complex
 > payment structures. They have cited an example regarding making
 > micro-transactions cost-effective:
 >
 > "Developers can create payment instructions that are as simple or
 > complex as they desire. For example, creating a relatively complex
 > business model around micro-payments is easy to do with Amazon FPS. Our
 > aggregation feature lets you track and aggregate micro-payments into a
 > single payment transaction, saving on transaction processing costs and
 > avoiding having to build complex ledger functionality into your own
 > applications. Without this capability micro-payments would be difficult
 > or cost-prohibitive."
 >
 > The full link is:
 >
 > http://www.amazon.com/gp/browse.html?node42430011
 
 
 Unrelated, but there's something very creepy about the term "Amazon FPS". Do
 you have a first-person shooter in their warehouses? =P
 
 --
 -Michael Chui
 
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