Meaning of microtransaction in English:

microtransaction

noun

  • A very small financial transaction conducted online.

    ‘analysts believe the company would earn a lot from pay-as-you-go microtransactions’
    ‘the game derives all of its revenue from microtransactions’
    • ‘A few micropayment schemes are basically intermediaries that are brokering your microtransaction.’
    • ‘Most current transaction fees are higher than the profit from any single microtransaction.’
    • ‘Other games offer "microtransactions" that focus on character customisation.’
    • ‘People don't want to deal with the hassles of microtransactions every time they want something.’
    • ‘The game offers players the chance to get ahead of the curve in terms of leveling up and character customization via microtransactions.’
    • ‘When viewed together, these seven games have 805 individual items within them that are available through microtransactions.’
    • ‘The nature of the Web encourages users to move around freely; only possible if the payment model is microtransactions rather than subscriptions.’
    • ‘The advantages of such a system are clear: it would eliminate identity theft and enable small, secure electronic "microtransactions," long a dream of Internet commerce pioneers.’
    • ‘No credible billing service exists on the Internet today for microtransactions, but I predict the emergence of one within a very short amount of time.’
    • ‘Microtransactions need extremely low overheads (you can't spend 32 cents collecting a 5 cent charge).’

Pronunciation

microtransaction

/ˈmʌɪkrə(ʊ)ˌtranzakʃ(ə)n/