How LaterPay Does MicroPayments
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.. important::
    This page is for illustrative purposes only;
    it does not override any of the contracts you may hold with LaterPay or associated partners.

    For full details, refer to said contracts.


Here's a user, Alex.
Alex gets their news from two sites, Cleesenews and The Daily Chapman.
Both of these sell articles through LaterPay via micropayments.
Cleesenews sells all of its articles for €1 apiece,
while The Daily Chapman sells everything priced at €2.

Alex visits Cleesenews,
and buys access to four articles.
Each article is added to Alex's invoice,
but Alex hasn't yet been prompted to pay anything,
only to *commit to pay later*.
No money has been paid by Alex,
no money has gone to Cleesenews.
Alex has an open LaterPay invoice totalling €4.

Alex then visits The Daily Chapman,
and purchases an article there,
priced at €2.
This would push Alex's invoice over LaterPay's €5 payment threshold.
The next time Alex attempts to buy something,
they are prompted to enter payment details (if they haven't already),
and to pay €6, the total value of the open invoice.

Of the €6, €4 goes to Cleesenews' account with LaterPay,
and €2 to The Daily Chapman's account,
to be paid to those merchants in LaterPay's next payment cycle
(less LaterPay's fees).