[Posted by Ed Kountz]
Micropayments are happening. Not everywhere, but in some promising areas.
The lessons of the iPod and iPhone apps store, Facebook Spare Change and Twitter's TwitPay all stand as notable innovations in a space littered with the remains of failed efforts to monetize "free" online content.
Beenz, anyone?
Yet on media sites, most low-value digital content remains free, even for mainstream media outlets. Two problems remain.
--First, how to process micro transactions cost effectively.
--Second, how to take something that has traditionally been free--like the Internet--and to add a price tag to it.
With that in mind, two recent encounters are worth note.
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