micropayment

(redirected from Microtransaction)
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micropayment

(ˈmaɪkrəʊˌpeɪmənt)
n
(Telecommunications) a system whereby a user pays a small fee to access a specific area of a website
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Lootboxes are a colloquial term for an in-game purchase (or microtransaction) that gives you a multitude of random items once you open them.
As with most microtransaction systems, there will be two currencies: Mirian and Gold.
the game relies on the dreaded microtransaction (thanks Candy Crush).
This can be achieved through digital content delivery, generating an increased share of revenue through full game downloads, free to play microtransaction deliver models, increased downloadable content and advertising income.
"It's a question of whether social elements and microtransaction can give rise to new ways of collaborating around storytelling.
Right now, processing a so-called "microtransaction"--an electronic payment under $10--is so costly that the developer may net less than 50% of the revenue that small usage fees generate.
Instead, the game relies on the dreaded microtransaction (thanks Candy Crush).
Fatfoogoo, a developer of micropayment systems for the gaming industry, announced on 11 September that it will enable integration of its microtransaction software with Project Darkstar, the open source development environment created by Sun Microsystems Laboratories that caters to the on-line games, virtual worlds and social networking industries.
"I think there's a lot of power in the microtransaction business model for Dust.
In some ways, the free-to-play model anticipates the subscription one -- free-to-play games acclimate video game fans to not paying directly for their games on a per-game basis, and the microtransaction model encourages a video games-as-a-service culture that leads to developers updating and improving games long after release.