The term ‘Microtransactions’ refers to the process of purchasing virtual goods that can enhance the gaming experience after purchasing with a micropayment. They can be gems, coins, and even surprise random boxes, which is similar to opening a present. The virtual goods can range from cosmetics, virtual currency, expansion packs, bonus boxes, XP boosters, pay-to-unlock, different types of skins, enhancements, powerups, extra lives, and more. These Mini transactions build loyalty and keep the player interested in playing more. This also increases engagement and player satisfaction by receiving rewards. Microtransactions typically occur in free-to-play games. By allowing microtransactions in games, revenue can be generated for the game developers.
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