@InProceedings{MR02a, author = { Silvio Micali and Ronald L. Rivest }, title = { Micropayments revisited }, pages = { 149--163 }, doi = { 10.1007/3-540-45760-7_11 }, booktitle = { Topics in Cryptology - CT-RSA 2002: Cryptographer's Track at the RSA Conference 2002 }, publisher = { Springer }, isbn = { 978-3-540-43224-1 }, date = { 2002-02 }, OPTyear = { 2002 }, OPTmonth = { February 18--22, }, editor = { Bart Preneel }, series = { Lecture Notes in Computer Science }, volume = { 2271 }, eventtitle = { CT-RSA'02 }, eventdate = { 2002-02-18/2002-02-22 }, venue = { San Jose, California }, htmlnote = { A related talk RM02 was given at the FC'02 ``rump session''. }, OPTannote = {}, abstract = { We present new micropayment schemes that are more efficient and user friendly than previous ones. These schemes reduce bank processing costs by several orders of magnitude, while preserving a simple interface for both users and merchants. The schemes utilize a probabilistic deposit protocol that, in some of the schemes, may be entirely hidden from the users. }, }