You probably think of micropayments as a huge convenience. You walk into the coffee shop, order a coffee and then with nothing more than your phone and your thumbprint, the coffee is paid for.
It’s so easy. The phone was in your hand anyway! And there’s that satisfying “ping” and the little tremor in your phone as it signals its acceptance of the payment. So cool. The future is here!
Everything about the experience is satisfying. It’s frictionless, didn’t involve handling cash, or calculating change, it only took six seconds and with a smart watch, you didn’t even need to reach into your pocket.
Contactless micropayments are so easy!