Payment within the internet - How Micropayment will change the internet

Term Paper , 2000 , 17 Pages , Grade: 1,7 (A-)

Business economics - Miscellaneous

1998, I´m loading down a new song of Madonna. I don´t have to pay anything. Then I need old exams of my universtiy to train for my exam next month. I visit the page of the Student Union and I find three former exams of the last year. I download them for free. Now I´m hungry. Lunch time. But what to cook? No Problem with the internet. Just www.kochen.de and I get a nice prescription to make Lasange. Of course for free.

2003, I´m loading down a new song of Michael Jackson. Costs 0,5 €. Next week I´m writing an exam in Marketing. I would like to practice and download old exams offering by the Student Union. I have to pay 0,2 € per paper. I feel hungry. What about cooking? Why not the prescription of making "Sauerkraut"? I will get it for only 0,4€.

New ideas of payment within the internet are asked. These solution should offer comfort and secure. Today there are lot of payment solutions for Online-Shops like Credit card, debit or cash on delivery. But payment systems to sell information, music, or other things with the internet are in a developing process.
Where is the train going? And what are the future´s best Micro Payment Systems?

Inhaltsverzeichnis (Table of Contents)

• A FEW WORDS IN ADVANCED
• INDEX
• I. INTRODUCTION
• II. THE POSSIBILITIES OF PAYMENT IN THE INTERNET
  • MACROPAYMENT - SYSTEMS
    • 1. CREDIT CARD
    • 1.2 CASH ON DELIVERY (NACHNAHME)
    • 1.3 DEBIT (LASTSCHRIFT)
    • 1.4 OVERVIEW & CONCLUSION MACROPAYMENT
  • 2. MICROPAYMENT - SYSTEMS
    • 2.1 NET 900
    • 2.2 CLICK & BUY
    • 2.3 E-CASH
    • 2.4 OTHER SYSTEMS
    • 2.5 OVERVIEW & CONCLUSION MICROPAYMENT
• III. CONCLUSION: THE FUTURE OF PAYMENT WITHIN THE INTERNET
• ANNEX
  • 1. MACROPAYMENT - SYSTEMS
  • 2. MICOPAYMENT - SYSTEMS
  • 3. MOBIL PHONE PENETRATION IN GERMANY
• BIBLIGRAPHY
  • 1. INTERNET

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This termpaper aims to explore the evolving landscape of payment within the internet, particularly focusing on the rise of micropayment systems. It examines how these systems are poised to transform the internet into a more capitalist environment, where information and digital content may increasingly be monetized.

• The impact of micropayment on the internet economy
• Comparison of micropayment and macropayment systems
• The future of online payment systems
• The potential for monetization of digital content
• The development of micropayment systems in Germany

Zusammenfassung der Kapitel (Chapter Summaries)

• Introduction: This chapter sets the stage by comparing the free access to information and digital content in 1998 with the potential for monetization through micropayment in 2003. It highlights the emerging need for secure and convenient micropayment solutions for online transactions, especially for selling information, music, and other digital goods.
• The possibilities of payment in the internet: This chapter dives into the existing macropayment systems, focusing on credit card, debit, and cash on delivery. It also presents an overview of other less popular options, such as pre-payment and cheque, and their limited usage. The chapter concludes with an introduction to the concept of micropayment and its potential to revolutionize online payments.

Schlüsselwörter (Keywords)

This termpaper focuses on the concepts of micropayment and macropayment, examining their implications for the internet economy and the potential for monetizing digital content. The work also explores the development of micropayment systems in Germany, specifically focusing on companies like In Medias Res, Deutsche Post AG, and Computel.

• College: University of Helsinki (Economics)
• Grade: 1,7 (A-)
• Author: Jan Krause (Author)
• Publication Year: 2000
• Pages: 17
• Catalog Number: V1519
• ISBN (eBook): 9783638109468
• Language: English
• Tags: Payment, Micropayment