Tag: Zong

Facebook’s new acquisition could be a victory for its mobile payments endeavors

Stephen Vagus
Facebook mobile payments

PayPal’s David Marcus joins Facebook Facebook has struck a major blow against PayPal through its acquisition of David Marcus, PayPal’s former president. Marcus has accepted a position as Vice President of Facebook Messenger, the social network’s new standalone messaging application. The app currently has more than 200 million monthly users and accounts for more than 12 billion messages sent each day. The app could soon become one of Facebook’s first mobile payments platforms, with the help of Marcus. PayPal is finding it difficult to compete with others in the mobile…

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T-Mobile unveils m-commerce Direct Carrier Billing solution

Jennifer Goula
T-Mobile mobile network carrier Technology News

T-Mobile USA has announced the introduction of Direct Carrier Billing, which provides its subscribers with a new mobile commerce solution that lets them buy digital products and services using their web enabled mobile devices such as PCs and netbooks, but also smartphones and tablets. Direct Carrier Billing was originally meant to leverage partner billing services from Boku, Zong, BilltoMobile, Payfone, and OpenMarket, and it allows customers to make purchases of digital products such as games, music, videos, or social networking credits so that they never need to enter their credit…

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eBay gives PayPal mobile a boost through purchase of Zong

L. Green
Ebay m-commerce News

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…

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