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Description:   A one-click online payment system using Facebook and Twitter that could boost Internet sales for newspapers, music vendors and other low-priced goods and services is being tested by a major European media company, according to its developer.

Source:  Reuters.com

Date: 04/02/2012

Link:  http://www.reuters.com/article/2012/04/02/paycento-internet-idUSL6E8F22AW20120402

Questions for discussion:

  • Do you think this sort of micro-payments system, with the associated fees described in this article, will be viable for online publishers?
  • How will these payments affect cash flow?
  • How will these competitors affect the shares of companies like PayPal?

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