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a small financial transaction typically made within a video game or other software application, often using real-world currency or virtual currency, for the purpose of acquiring virtual goods or other in-game benefits
What is a "microtransaction"?
A microtransaction is a small purchase made within a video game, typically for virtual goods or in-game content. These transactions are usually priced at a low amount, such as a few dollars or less, and can be used to buy things like cosmetics, upgrades, or additional game features. Microtransactions are common in free-to-play games, where players can access the game for free but are encouraged to make purchases for enhanced experiences or faster progress. While microtransactions allow for ongoing revenue, they have sparked criticism for potentially giving paying players an advantage over others or encouraging excessive spending.
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