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The trend of consumers turning to their mobile devices to spend money and purchase goods is moving so fast, not even the people making the transactions possible, like PayPal, are able to keep up with their predictions of its growth rate. That’s the story from GigaOM, which points out that PayPal ... Full Article »
In a bid to strengthen PayPal’s payment platform, eBay has dropped $240 million in cash to purchase venture-backed mobile payments provider Zong. Through Zong, a company that was spun off from mobile monetization provider Echovox, consumers can post payments to their cellphone bills, mainly for ... Full Article »
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