News Articles

eBay acquiring mobile payment company Zong to work with PayPal

Online marketplace eBay, which already owns PayPal, has now agreed to acquire California-based mobile payment service Zong for around $240 million.

Zong offers 'direct carrier billing', enabling consumers to pay for purchases using their mobile phone number. The appropriate payment amount is then added to the customer's mobile account.

Author: The Fonecast
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Pizza Express launches iPhone app that lets you pay your bill

Pizza Express has introduced a new iPhone application that lets customers book a table and then pay their restaurant bill using PayPal or a credit/debit card. It's thought to be the first time a major retailer has used PayPal online payments in physical UK high street shops.

The company is also rolling out free WiFi via The Cloud in all of its 370 restaurants.

Author: The Fonecast
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This week at The Fonecast: 28th May 2011

Mark Bridge writes:

It’s often said that timing is everything. Or is it size?  I’m never sure.

Both came into play this week as online giant Google announced the forthcoming launch of its much-rumoured mobile payment service. Expect Google Wallet to arrive on the Nexus S 4G in the USA this summer.

Author: The Fonecast
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PayPal hits Google with lawsuit

PayPal has filed a lawsuit against Google and two former PayPal employees who now work there.

It's claiming the misappropriation of trade secrets, breach of contract and a number of other complaints.

Author: The Fonecast
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PayPal reports 310% annual increase in mobile shopping on 'Black Friday'

Online payment company PayPal saw an annual increase of approximately 310% in mobile shopping on Black Friday, the busy retail day that follows Thanksgiving Day in the US.

Author: The Fonecast
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