Nickel Exchange: P2P Micropayments

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Nickel Exchange: P2P Micropayments (MLP)
By higinx
Tue Nov 12th, 2002 at 12:14:34 PM EST

Many companies have tried to implement micropayment solutions before, but none have really succeeded. The Nickel Exchange introduces a completely new approach to micropayments that tries to address the flaws we’ve seen in previous systems. And best of all, it’s a free service.

Just checked the site July 14th 2003
They’ve paused the site ATM due to no one reaching 100 units 🙁

Next best that I can see is :

July 16th 2003

July 22

“We are almost ready to kick off the beta for our payment system. The payment system will allow visitors to your site to use their Amazon account to pay you for any product or service. You can also offer subscriptions and controlled access to content. You will be able to verify the status of any transaction to make sure that the user has not rescinded it. We will provide you with a base-level API and you can construct your business logic on top.”

Posted in Technology Review.

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