Friday, August 7, 2009

Zong’s Growth Heats up Rivalry in Mobile Payments for Downloads

(August 6, 2009) If mobile-payments services are finding a niche anywhere right now, it appears to be in the market for digital goods like games and social-network applications. Palo Alto, Calf.-based Zong Inc., which began operations last year, announced this week that the processing platform it shares with its parent company, Echovox Inc., has added 10 million unique users since the first of the year, the bulk of them in Europe and North America.
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