Much of the barrier to charging online is the transaction friction, as opposed to the actual cost.

I’d never encountered the phrase “transaction friction” but it’s perfect. I so hope we can figure something out so that journalists can pay their mortgages. 

Thanks to nmallin for drawing my attention to the article.  

Media Executives Plan Online Service for Publications to Charge - NYTimes.com

Much of the barrier to charging online is the transaction friction, as opposed to the actual cost.

I’d never encountered the phrase “transaction friction” but it’s perfect. I so hope we can figure something out so that journalists can pay their mortgages. 

Thanks to nmallin for drawing my attention to the article.  

Media Executives Plan Online Service for Publications to Charge - NYTimes.com

Posted 2 years ago Notes

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