ZONG hauls in $15 Million

BusinessWeek reports that mobile payment service Zong receives a $15 Million round of funding from Matrix Partners. The company’s technology is one of three payment options for Facebook Credits

” Zong says that its approach reduces Web developers’ transaction fees and that its simplicity helps them attract new customers. Zong processes payments for some 20 million people who buy virtual goods on the Web, according to Marcus.”

More coverage from:

SFGate

VatorNews

MobilePaymentWatch

VentureBeat

PaidContent.org

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