Microtransactions news and trends

DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud

December 15, 2023
Department of Justice
Activision Patents Algorithm To Make Gamers Spend
Merchant Innovation // October 24, 2017

While the gaming industry brought in $30.4 billion in revenue last year, the cost of actually making video games has increased significantly since 2000, as The Economist has explained. But while the cost of making games has swollen, the cost of video games to consumers...

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DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud

December 15, 2023
The Department of Justice (DOJ) has announced a crackdown on fraud networks that steal money from consumer accounts and use fraudulent “microtransactions” to conceal their illicit activities from financial institutions.  These networks employ deceptive tactics to continue their fraudulent schemes, causing significant financial losses to individuals and small businesses across the United States, the DOJ said in […]