Micropurchases
Micropurchases, also known as microtransactions, are small monetary transactions for digital goods or services. They are commonly found in video games, mobile apps, and online platforms. These purchases often provide players or users with virtual currency, cosmetic items, power-ups, or access to additional content. The term "micro" refers to the relatively low price point of each individual transaction, though their cumulative effect can be significant.
The implementation of micropurchases has become a prevalent business model, particularly in the free-to-play gaming sector.