Zong (payments provider)

Zong was a mobile payment company that allowed users to make micropayments on the Internet if they have a postpaid mobile phone. The payments were charged to their mobile phone bills by the mobile operator. The company was acquired by eBay in 2011.[1]

ZONG
IndustryTelecommunications
Mobile communications
Payments
Founded2008 (2008)
HeadquartersMenlo Park, California, United States
ProductsElectronic payments
Mobile Payments
OwnereBay
Number of employees
80
Websitezong.com

Zong payments were only accepted by online games and social networks, and the service can be used to purchase virtual goods. Zong was awarded the 2009 Frost & Sullivan Best Practices Award for New Product Innovation in the Mobile Payments category. In May 2015, Zong disappeared from the web without any public declaration. The website now simply redirects to PayPal.

See also

References

  1. McMahan, Ty (July 7, 2011). "EBay's Zong Deal: Mobile Payments Are All Fun & Games". WSJ Blogs: Venture Capital Dispatch.
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