Storage for pennies

By Scott Wilson, October 12, 2007 8:42 am

Whatever happened to micro-payments, you have to wonder on reading this blog entry about the inability of Amazon's S3 service to charge certain credit card companies for particularly small transactions (in that case, 1 cent)?

Simple Storage Service's rate's are listed on this page. They're pretty reasonable, but you'd still have to work pretty hard to keep your utilization down to a cent, I think. Nonetheless, this presents a real issue moving forward, because if storage is cheap now, it will probably become even cheaper later, and at some point, the transaction fees may well eclipse the actual storage fees. But there really isn't any system in place that sufficiently lowers those costs to a point where you can pay a realistic chunk of the actual fees for such small-scale transactions.

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