Micropayments: Google Wallet Allows Site Owners To Charge for Web Content | Online Business Models | Scoop.it

Robin Good: Interesting news from Google on this front, as early in October it has officially announced a new function of Googe Wallet which allows web publishers to charge small amounts of money to access in-depth articles or other high-value online content types.

Digitaltrends reports: "Detailed on an official launch page for the product, Google quietly rolled out a new micropayments function for Google Wallet that allows site owners to charge small amounts of money for Web content.

For instance, a site like Oxford Reference can charge between 25 to 99 cents for access to a single page of content. Within this live example, Oxford Reference offers the opening portion of the page for free. However, the code for Google Wallet is overlaying the remaining text with gray bars and blurring out the pictures until the reader pays 99 cents to view the remainder of the page.

In addition, the reader has the option of an immediate refund of the access fee if they feel the content wasn’t a worthwhile purchase.

However, the reader has to apply for the refund within 30 minutes of the initial purchase and Google has setup a system to help curtail excessive refunds awarded to a specific user over time."

Read more: http://www.digitaltrends.com/web/google-launches-micropayments-for-web-content/

Here is where you can apply to adopt Google Wallet on your site: https://services.google.com/fb/forms/walletcontentinquiry/

Must-know stuff. 8/10

Full article: http://www.digitaltrends.com/web/google-launches-micropayments-for-web-content/