July 7, 2011 05:33 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/w3fs6eyUZJY/
eBay Acquires Mobile Payments Company Zong For $240 Million In Cash
eBay has acquired mobile payments company Zong for $240 million in cash.Zong has been one of the pioneers in the mobile payments space, adding a compelling new way for consumers to pay for items online. Simply put, it lets you pay for things, particularly virtual goods online, via direct billing to your mobile phone. Consumers simply enter their mobile phone numbers in the payments process.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/w3fs6eyUZJY/
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