“Google is promoting a payments system to the newspaper industry that would let Web surfers pay a small amount for individual news stories, an idea that could help publishers struggling with the impact of the Internet,” says ComputerWorld.
“The plans were revealed in a document Google submitted to the Newspaper Association of America (NAA), which had solicited ideas for how to monetize content online, something some publishers have had difficulty with.”
Gargle, the net’s biggest online advertising company, plans to launch a “micropayments” feature as part of its Checkout online payments service, says the story, going on »»»
The system could allow consumers to buy a package subscription to several publications and then pay for other stories on an a la carte basis. In a separate statement, Google said on Thursday it had no specific products to announce. But in a separate statement on Thursday, Google said it had no specific products to announce yet.
“The idea is to allow viable payments of a penny to several dollars by aggregating purchases across merchants,” Google said in the document.
Checkout isn’t quite fully baked yet for the publishing industry. “Managing subscriptions from the merchant side is fairly rudimentary right now but could be improved to be more relevant for news and media companies,” Google said.
By contrast, Crosbie’s system, 1p2u (one penny to you) sees readers supporting writers and other creators as patrons, in the traditional sense of the word, rather than milking them, as in the Google monetising sense.
p2pnet became the first site to sign up for the application and in the near future will be using 1p2u to become a patron for everyone who contributes regularly to p2pnet, or who allows us to use his or her work in any way.
That, IMHO, is P2P.
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