Since the dawn of the commercial internet, people have puzzled over the problem of paying small amounts online. How can smaller payments be successfully implemented in a way that people would engage with?
We want to see quality work rewarded with the online equivalent of pocket change. So many people – whether creative, corporate, or casual – make amazing content and provide great services. These entities either go unrewarded or have to rely on excessive advertising because of the cognitive barriers to giving or paying money through the internet.
To send money, the less likely they are to send it, even if they have the incentive to do so.
In order to make casual pocket-change-scale transactions possible online, a truly frictionless way to donate or pay had to be found. We believe we have found it in tibit.
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