A CDE Definition
An electronic commerce transaction of very low value. It may refer to charging just a few cents or even a fraction of a cent for a transaction such as an information lookup. It may also refer to aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount. See microcommerce.
Low-value transactions in electronic commerce. The ability to charge pennies for a transaction enables pay-per-view services such as selling a single article from a newspaper or magazine or providing individual lookups from a resource such as a dictionary or encyclopedia for example. Microcommerce enables services that are too small to be paid by a single credit card transaction. See micropayment.
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