Definition of "micropayment" [micropayment]

• A financial transaction for a very small amount of money (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "The word micropayment never really found a definition premised on a business case."
• "This business model, known as micropayment, was created by iStockphoto in 2001."
• "Let's hope the idea of micropayment grows a little more towards micro as the service is more commonly used."