When consumers want to purchase products/services that are priced too low i.e. less than $1) to be paid with credit cards, mini-transfer payment system is often used.

Question

Quizplus · Accepted Answer

Mini-transfer payment systems are not specifically designed for transactions under $1; instead, micropayment systems are used for small transactions, often for digital goods or services.

When Consumers Want to Purchase Products/services That Are Priced Too