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Retail CBDC could revolutionise digital subscriptions using micropayments

Such payments could be an income source for platforms and content creators hesitant about subscription model

e-rupee, digital currency
premium

e-rupee, digital currency

Shreya Ramann
The internet offers us a myriad of digital goods and services: music and content streaming services, articles on various news and media platforms, online games, online journals, and various software tools that help us edit, share, design and proofread. Most of these platforms require a time-bound monthly or annual subscription which gives us access to all content or services available. While these subscription periods are getting shorter, with platforms like Spotify now offering a per-day plan, on the whole it remains a largely restrictive regime.

Not everyone has the means to subscribe to multiple platforms, and those who do often