Thursday, November 10, 2011 9:06:18 AM
1. MWIP's pre-paid/ID card may be loaded through a PCI compliant gateway, Internet, POS system or PayPal.
2. SAN FRANCISCO-eBay CEO John Donahoe said that his company will close more than $5 billion in commerce via mobile phones, and eBay subsidiary PayPal will handle more than $3.5 billion in mobile payments in 2011.
3. Online auction house eBay continues to ramp up its mobile commerce, acquiring mobile payments technology firm Zong for approximately $240 million in cash. The transaction is expected to close during the third quarter of 2011. Zong touts more than 250 carrier agreements, reaching 3.2 billion mobile subscribers in 45 countries and 21 languages.
4. Mobile payments for digital and physical goods, mobile money transfers and Near Field Communications-enabled contactless transactions will almost triple from $240 billion in 2011 to $670 billion in 2015, Juniper Research said earlier this month. Digital goods payments will lead the charge and are expected account for nearly 40 percent of the worldwide mobile payments market by 2015.
Read more: Zong snapped up by eBay for $240M - FierceMobileContent http://www.fiercemobilecontent.com/story/zong-snapped-ebay-240m/2011-07-07
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