Microtransaction definition

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Microtransaction

Microtransaction logo #21000 Microtransaction (also referred to as in-app billing or in-app purchasing) is a business model where users can purchase virtual goods via micropayments. Microtransactions are often used in free-to-play games to provide a revenue source for the developers. While microtransactions are a staple of the mobile app market, they are also available on tra...
Found on http://en.wikipedia.org/wiki/Microtransaction
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