iCents Not Worth The Paper They’re Not Printed On

by glu on September 12, 2008

  • ICents is a payment solution used to access premium content on the web.
  • iCents faces the major problem of convincing content providers to adopt their system. An unlikely event.
  • Most interesting feature is the microsubscription model whereby a $5 payment, for example, would grant the user access to all of the sites premium content for a specified number of time.

Can iCents net enough smaller content publishers to attract the big dogs (Youtube, Hulu, Flickr, etc.)?

[Post to Twitter] 

  • Thanks for your reviewing.

    But did we give you the impression we should convince websites to choose iCents.net instead of, say, PayPal? iCents.net does not compete with PayPal. iCents.net is just a payment tool that lets users pay with the regular payment systems they already have, like PayPal, Google Checkout, Amazon Payment and others. There is no such thing as an "iCents account", so we don't need to convince anyone to open one.

    That's why we don't need to gather small websites to attract big ones. If a single or a hundred websites use iCents, what a difference does it make for the other websites that use iCents? We are just the interface (although a very smart one), not the payment system.

    Once a website wants to sell content, it must use an interface that works. And iCents.net is that interface. It works by reducing the user's mental effort when making a payment decision. This drastically increases the conversion rate, and makes iCents.net unique.

    I agree with you that the micro-subscription is our most interesting feature, but most micro-subscriptions are around $1, not $5. And they grant access not for a specified number of times, but for a specified duration of time. For example, you can micro-subscribe for a day. The difference is important, but there is no space to discuss why here.

    I invite your readers to visit iCents.net, go through the fake demo sites, and take their own conclusions.

    Marc - iCents.net
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