Nanotransactions seeks investors for new content payment system

Australian company Nanotransactions is seeking investors for its new content payment system, which will allow people to access content for a few cents without having to subscribe or log-in to paywalls. The company is about to launch a crowd-funding program via Indiegogo.

The announcement:

Publishers worldwide are being given a revenue life line with the announcement by Australian company Nanotransactions that it is developing an innovative content payment system.  The system, which is seeking funding to move into its final development phase, removes the hurdles that publishers face in getting internet users to pay for content.  Nanotransactions will allow people to pay just a few cents to access the content they want on a pay-per-view basis, without requiring them to subscribe or log in to paywalls. 

It is envisaged that Nanotransactions will initially be used by online news site publishers, bloggers and freelance writers, but will rapidly broaden its reach to video and audio streaming sites and musicians.