mastercard n micropayments
MasterCard Supports Micro and Small Payments by Promoting Transaction Aggregation Model for Merchants
http://www.techweb.com/showPressRelease.jhtml?articleID=X404840
This article discusses the recent announcement of Mastercard of an initiative together with Peppercoin, a "payment technology company" capitalizing on he profitability of micro-payment structures, to develop an allegiance to stimulate the use of the formers card for small payments at the physical point of purchase as well as online.
basically they offer merchants the power to determine when to invoice their transactions, allowing merchants to process the payments cost effectively.
It seems to me they want to take advantage of Peppercoin's presence in the market and their network of users.
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