Most RSS readers of this blog would have seen the “Buy me a beer” link I recently installed as a plugin for the feeds. It uses Paypal to receive small amounts of tip from readers. Problem is, Paypal fees are still high that tips in the range of a dollar doesn’t do any good.
Rico Z. of Tongits fame once bought me a beer (or a cup of coffee) with that plugin and by the time the Paypal reached my account, it was less than half the original amount. The plugin practically becomes useless for micro-payments.
Several days ago, Maruel emailed me telling me about TipIt. Now this answers our problem above. TipIt was created to provide virtual tipping service with very small amounts, even as low as a couple of cents.

Tipping is easy. They have a nice tutorial here and if you already have an account, you can just send a tip by following this format http://tipit.to/DOMAIN [http://tipit.to/www.yugatech.com]. There are no fees when tipping so the recipient gets 100% of your tip, however small it is.
The only time they charge is when you withdraw all of your tip. Current withdrawal charge is at 6.44%.


Thanks for the great tip, Abe!