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Why PayPal Paid $240 Million for Zong
All Things Digital (blog) To bridge that gap, the eBay-owned payments company announced yesterday it was acquiring Zong, a mobile payments provider that allows charges to appear on a consumer's carrier bill. One could imagine a future in which PayPal could accept payments from … eBay's $240 million purchase of Zong a major win for carriers EBay-Zong is the first salvo in World War of Payments. Which side are you on? EBay looks to complement PayPal with Zong purchase |
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