__________________________________ provide content providers with a cost-effective method for processing high volumes of very small monetary transactions (anywhere from $.25 to $5.00 per transaction).

Question

Quizplus · Accepted Answer

Micropayment systems provide a cost-effective method for processing high volumes of very small monetary transactions. This is because they specialize in transactions that involve small amounts of money, making them more efficient than traditional payment systems that are better suited for larger transactions. Macropayment systems, on the other hand, are designed for larger transactions and may not be as efficient or cost-effective for processing smaller transactions. Microcost and macrocost systems are not commonly used terms in the payment industry.

__________________________________ Provide Content Providers with a Cost-Effective Method for Processing