Glossary
What do the technical terms mean
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Payment does not have to be complicated. However, there are technical terms that are often not common.
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Digital goods
Digital goods are immaterial, i.e. only available in digital form. With the help of information systems, digital goods are developed, distributed and also used, such as texts, music or video files, software or image files.
What do you need digital goods for
These products are transferred and processed in the form of binary data. As a rule, no storage media are required for the transfer, as is the case for semi-digital goods (DVDs, CDs, bluerays, etc.). Digital goods are becoming increasingly important, as in the case of streaming services for visual presentations or music streaming services.
Advantages
The distribution costs via the Internet for digital goods are naturally relatively low. Also the duplication without difference between the original is possible without any problems. Another advantage is that there is no wear and tear from use. However, the data saved in this way becomes outdated relatively quickly and back-up compatibility is not necessarily given.