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The Micropayments market is a subset of the Mobile and Contactless Payments industry. It is focused on small payments, typically under $10, that are made electronically. These payments are often used for digital content, such as music, videos, and games, as well as for physical goods and services. Micropayments are typically made through mobile wallets, contactless cards, and other digital payment methods.
The Micropayments market has seen rapid growth in recent years, driven by the increasing popularity of digital content and services. Consumers are increasingly turning to digital payment methods for their everyday purchases, and the convenience of making small payments quickly and securely has made micropayments an attractive option.
Companies in the Micropayments market include Apple Pay, Google Pay, PayPal, Venmo, Square, Stripe, and Braintree. Show Less Read more
