Meaning of “micropayment” in the English Dictionary


"micropayment" in Business English

See all translations

micropaymentnoun [ C ]

uk /ˈmaɪkrəʊˌpeɪmənt/ us BANKING, E-COMMERCE, MONEY

an online payment of a very small amount of money:

Micropayment systems have made it possible to pay for individual downloads.

(Definition of “micropayment” from the Cambridge Business English Dictionary © Cambridge University Press)