LaterPay is a micropayments service. It is designed to make it easier for consumers to make small online payments for digital content – for instance, for individual magazine articles – without having to go through an arduous sign-up process for the site in question.
Consumers confirm that they will pay later and get access to their desired content without registering or giving payment details.
LaterPay aggregates the purchases from the device and sends an invoice when the total reaches $5.00. Consumers settle the invoice with a payment card.
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