Who killed the micropayment? A history.
30 years into the web’s history, micropayments still aren’t a part of our daily lives. It’s one of the great unsolved mysteries — why didn’t this promising system take off, and who, if anyone, is responsible for its early demise? As the world wide web soared in the 1990s, many of the systems envisioned by its early architects saw rapid development. But micropayments, which had once been described as an essential nutrient for any web system, seemed to be dead in the water.