There are a number of reasons why we created Fraxion Payments. First, we could. We’ve actually been doing micropayments on Tower Games for more than seven years. When the whole argument about micropayments for newspapers got going, we realised our system would do the job just fine. So we migrated it.

And as we researched the modern media landscape we discovered other reasons why we should do it. We’re not on a crusade to change the world, that’s for sure. But the attached video says it all really. We’ll let you figure it out.

Besides, it’s extremely funny. If you haven’t seen it, you should have.

And on a slightly more serious note, Walter Isaacson, ex-editor and CEO of Time, thinks it’s a good idea too.

Chris and Dan.