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In a move sure to rile up the microtransaction-hating gaming community, Web users discover that in-game currency can be purchased with real-world cash in Grand Theft Auto Online.
Microtransactions provide a potentially great way to place a value on services. But, providers must be transparent about how the goods affect the experience.
There is real money to be made in virtual goods and micro-transactions provided that game developers deliver high-quality products to users.
Sony and Microsoft have delivered their next-gen visions, but with this caveat: more microtransactions. Cash grab or survival strategy, it will surely generate controversy as 2014 rolls along.
The company is looking to give away mobile games, then generate revenue from microtransactions. Coming up: a freemium version of "Battlefield."
New gaming industry report from iSuppli suggests microtransactions will drive the growth of massively multiplayer online games and standard MOGs in years to come.
Also: Mashable has acquired micro-reviews service Blippr; Hi5 is making it easy to make mobile payments; and Twofish is doing its part for microtransactions.
Specialist in digital microtransactions and payment services adds $16.8 million to its coffers for international expansion, to be used toward expanding its operations in Europe and Asia.
Video game industry should pin its financial hopes on microtransactions, downloadable content, and subscriptions, Take-Two's executive chairman says.
Closing the gap between China and the rest of the world, Stripe has partnered with Alibaba's Alipay to allow Chinese shoppers to make international purchases.