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July 8, 2011

eBay Buys Zong to Bolster PayPal’s Mobile Payments

Facebook Facebook Twitter Twitter LinkedIn LinkedIn announced<%2Fa>%20it's%20purchased%20Zong<%2Fa>,%20a%20company%20that%20lets%20you%20pay%20for%20purchases%20with%20your%20mobile%20phone%20number,%20for%20$240%20million%20in%20cash.%20The%20acquisition%20is%20meant%20to%20make%20PayPal%20an%20even%20greater%20force%20in%20the%20world%20of%20mobile%20payments.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.mytotalretail.com%2Faggregatedcontent%2Febay-buys-zong-bolster-paypal-s-mobile-payments%2F" target="_blank" class="email" data-post-id="30948" type="icon_link"> Email Email 0 Comments Comments

eBay announced it's purchased Zong, a company that lets you pay for purchases with your mobile phone number, for $240 million in cash. The acquisition is meant to make PayPal an even greater force in the world of mobile payments.

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