Re: Micropayments: myth?

[Paul Rarey <Paul.Rarey@Clorox.com>]

On Jun 23,  0:16, Bill Stewart wrote:
> Subject: Re: Micropayments: myth?
>>>don't people get this? with microcurrency, you don't say to a 
>>>seller, "bill me for this item". it would rarely work like that at
>>>all. instead, it is, "here is my money, please give me the item". 
>>
>>What is the authentication process for the "money" your are "giving" in this 
>>scenario?
>
>Varies with the micropayment system.  Some proposals are to use Digicash,
>either online or offline.  Others are to use simpler systems, such as S/Key 
>variants or piles of tokens - you'd use some heavyweight payment system like
>a credit card / ATM / digicash to buy 100 or 1000 microtokens, which you'd
>use for the actual payments, and which would require less computation to
>authenticate.

These processes have a non-repudiation service?

Cheers!
[ psr ]