Micropayment
Also known as: Micro-Transaction, Nano Payment, Small Crypto Payment
A very small financial transaction, often enabled by blockchain to minimize fees and reach new economic models.
Micropayments are low-value transactions typically under a few dollars or cents, made feasible in blockchain systems due to reduced transaction costs and programmable smart contracts. Traditional payment systems make micropayments impractical due to high fees, but crypto enables them through Layer 2 solutions, stablecoins, and streaming protocols. Use cases include pay-per-use APIs, content monetization, tipping, and IoT transactions. Platforms like Lightning Network, Superfluid, and Coil support micropayment models in Bitcoin and Ethereum ecosystems. Micropayments unlock new economic models in digital services and Web3.