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...payment platform. Common online payment methods like credit cards aren't feasible because processing fees can exceed the value of such tiny transactions. In the gaming world, the typical micropayment system allows consumers to transfer money (usually via credit or debit cards) into electronic accounts, or e-wallets, where hard cash is converted into digital currency for online purchases. There are already several companies providing micropayment services to gaming websites; Santa Clara, Calif. - based PlaySpan offers its service in 80 countries. Micropayments are also migrating to mobile phones. In Japan, cell phones are regularly used to pay parking-meter...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

...Enter the Hostages But Washington's desire to isolate the North has been complicated by Pyongyang's June 8 sentencing of two Americans to 12 years of hard labor. Euna Lee, 36, and Laura Ling, 32, were filming a report for Current TV, a San Francisco - based network co-founded by former Vice President Al Gore, on North Korean refugees in China. They were working near the border city of Dandong in northeastern China when they were arrested on March 17. The two were convicted of illegal entry into North Korea - accounts differ as to whether the women inadvertently crossed...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

...hard to read too much into the result when almost three out of five voters failed to turn up at the ballot box, and when campaigning was mostly based on distinctly local, and sometimes trivial, issues. "European election campaigns are run on national agendas, and national governments use the E.U. as a scapegoat," says European Commission Vice President Margot Wallström. "If all the failures are the fault of Brussels and all the successes are because of national government, then it becomes very difficult to mobilize voters 
 for these elections...

Author: /time Magazine | Title: The Moment: European Parliamentary Elections | 6/22/2009 | See Source »

...cliffs' edge with a simple "Hello" and a smile. He might ask how they came there and at what inn they were staying. Sometimes after a light touch to the shoulder, Shige says, they burst into tears, and he begins to console them. "You've had a hard time up until now," he says, "haven...

Author: /time Magazine | Title: Postcard: Tojinbo Cliffs | 6/22/2009 | See Source »

...next three years. "It's taken five years to get the support," says Shige. "But we also need the kind of policies that keep people from becoming depressed in the first place"--particularly by bolstering the safety net for people with mental disorders and those who have hit hard times...

Author: /time Magazine | Title: Postcard: Tojinbo Cliffs | 6/22/2009 | See Source »

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