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Google is developing a micropayment system which will provide the newspapers to charge the people who use the online content. This was disclosed by Google in a proposal to Newspaper Association of America.
According to the proposal, that had come online on Thursday, has revealed that Google will be implementing the micropayment option within a span of one year. This will enable the web search giant to charge for the online content right from one cent to several dollars.
But Google has disclosed that it did not believe that the scheme can do something to save the newspapers, which have seen their circulation dramatically decline as readers view articles online, often through free news aggregators like Google News.
"While we believe that advertising will likely remain the main source of revenue for most news content, a paid model can serve as an important source of additional revenue," the company said in its proposal.
Google has disclosed that it will integrate this micropayment system with its current Checkout online payments system. This integration will allow users to utilise one sign on to access various media, whereas the publishers can bundle numerous titles under a single subscription. An unspecified cut from the revenue generated by publishers will be grabbed by Google.
