eBay to buy mobile payment company Zong

We’ve covered the mobile payment company Zong many times here and it’s been fun to watch this company grow along with the smartphone boom. It looks like all of its hard work will be paying off, as eBay plans to purchase the company for about $240 million.
Zong specializes in letting consumers purchase digital and real-life goods using their phones with carrier billing. The company may not have the highest profile but it has established multiple deals with carriers around the world.
“Commerce is changing. With mobile phones, we walk around with a mall in our pockets. PayPal helps to make money work better for customers in this new commerce reality – no matter how they want to pay or what devi... »read more

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