What are Micro purchases?

Micro purchases refer to small transactions, typically involving low-value items or services, often costing less than a few dollars. These purchases are commonly made in digital environments, such as app stores, gaming platforms, or online services, where users can buy virtual goods or features. Micro purchases facilitate quick and easy spending, allowing consumers to enhance their experience without significant financial commitment. They are often used in freemium models, where basic services are free, but additional features or content are available for purchase.