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What will it take to keep the M-Commerce ship afloat

07/22/201107/22/2011 Jesse Collins

The NFC-driven mobile payment revolution may be coming to an abrupt end before it ever really gained any momentum. Analysts with Gartner Inc., a technology research firm, say that the prospect of mobile payments may be interesting, but the technology needed to facilitate this form of commerce is much more complex than the big players would have consumers believe. Many have stated before that the instigation of mobile commerce is seldom a singular effort. Companies interested in pioneering the field of mobile payments must garner the support of several thousand…

eBay gives PayPal mobile a boost through purchase of Zong

07/11/201107/11/2011 L. Green

eBay has purchased Zong, the mobile payment provider, to give PayPal’s mobile commerce position a significant boost. Zong’s purchase price was $240 million, and eBay intends to use it to connect to Zong’s tremendous 250 wireless carriers and 3.2 billion users. Consumers are already using Zong in order to make purchases simply by using their mobile telephone numbers. This allows the mobile payment service to verify the transaction so that it can add the charge to the mobile service bill of the shopper. Zong is already well recognized by gamers…

Ebay doing a little shopping of their own

05/17/201105/17/2011 L. Green

Online auction and shopping giant eBay has spent more than 200 million dollars in the last year making acquisitions of three businesses. This may not sound like much, but when you put it all on paper and look at the big picture; then you start to see it. EBay has been building itself to be right in the center of mobile and local commerce, and payments. Besides owning PayPal, eBay now owns three other companies. The first was purchased in June of last year; a barcode-scanning application called RedLaser. RedLaser…