Facebook Could Fix the News Industry With Micropayments—Unless Kik Does It First

Reader, can you spare a dime?


26 May, 2019FORTUNE.COM

Facebook Could Fix the News Industry With Micropayments—Unless Kik Does It First | Beamstart

It’s a problem that’s long flummoxed media outlets, and also one that’s increasingly frustrating consumers: The inability to pay a small sum, such as 25 cents or $1, to read an article online.

Yet a breakthrough could be near, as big web platforms like Facebook and Kik are building technology that could mean a new revenue stream for news outlets and an alternative to consumers having to hand over their credit card information to read a single story....

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