Second generation micropayment systems: lessons learned


Parhonyi, Robert and Nieuwenhuis, Lambert J.M. and Pras, Aiko (2005) Second generation micropayment systems: lessons learned. In: Fifth IFIP conference on e-Commerce, e-Business, and e-Government, I3E 2005, 26-28 Oct 2005, Poznan, Poland (pp. pp. 345-359).

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Abstract:In the next years the market for low value products such as online music and videos and the role of micropayment systems for selling such products are expected to grow substantially. The first generation micropayment systems appeared around 1994, with systems such as eCash, MilliCent and CyberCoin. These systems were unable to gain market share, however, and disappeared slowly in the late 1990s. The second generation micropayment systems appeared around 1999-2000, and are still operational. In this paper we present an overview of first and second generation micropayment systems, and compare their key characteristics to determine their success or failure. This paper explains why the first generation systems failed and concludes that second generation systems have a better chance for success than their predecessors.
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Additional information:This work does not have a URL, or a DOI. wrote: > Aiko, > > Kan je al de publicaties met Robert even langslopen om aan te geven > welke ook bij DACS gerekend moeten worden? Ik ben sinds 1-9-2004 bij DACS, dus moeten de volgende publicaties van Robert ook bij DACS worden ingevoerd: - - - Ik weet niet of een thesis alleen bij de groep van de gepromoveerde hoort, of ook bij de groep van de assistant-promotor. In het laatste geval moet aan DACS worden toegevoegd: - - Kan ik dit zelf aanpassen? Groetjes Aiko
Electrical Engineering, Mathematics and Computer Science (EEMCS)
Faculty of Behavioural, Management and Social sciences (BMS)
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