Advantages and disadvantages of micropayments
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Advantages
- Micropayment is a cheap way of payment for non expensive goods and services
- Payment procedure is simple and easy
- You don’t need cash to pay for inexpensive goods and services
Disadvantages
- It is effective way of payment only for small amounts of money
- This system invite to set up fees for services and goods that are free
- You need bank account or credit card to use his system
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