Developing Systems of Online Payment

Bob Tedeschi's article revisits the micropayment notion describing some of the newer players, Peppercoin and Bitpass. We'll see how this goes, but I'd think eBay's PayPal will want/have a piece of this action. Micropayments are a great idea, the trick is to overcome the transactional overheads, particularly the personal decision-making about whether a purchasee is worth 14 cents.