Processing Mobile Payments for 10 Million Unique Users to Date in 2009, Zong Continues Mobile Carrier Network Expansion

Wed Aug 5, 2009 10:07am EDT
 
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Available Today in 19 Countries Across 100 Carriers, Mobile Payments Leader
Expands Carrier Coverage in Russia, Eastern Europe, Southeast Asia and South
America
PALO ALTO, Calif.--(Business Wire)--
Zong (www.Zong.com), the most frictionless payment service for publishers of
online games and other digital content, today announced that its underlying
mobile transaction platform has processed mobile payments for 10 million unique
users to date in 2009. The unique users served milestone marks an inflection
point in Zong`s mobile payment growth. Already available today in 19 countries
across 100 carriers, Zong also announced today it is adding new carrier partners
in Eastern Europe, Russia, Southeast Asia and South America. In the last year,
Zong has more than doubled its carrier coverage with partnerships in place to
cover 30 countries. 

"Positioned at the center of the explosive-growth global marketplace for virtual
goods, mobile payments have become a tremendously popular transaction platform
for consumers across all demographic segments," said David Marcus, founder and
CEO, Zong. "Our ability to serve 10 million customers already in 2009 was fueled
by our understanding of consumer behavior across the social web, the ease-of-use
of our pay by mobile solution, our extensive global network of direct carrier
relationships and our nine years of operating experience at the nexus of the
web, media and mobile content." 

Featured in top applications on Facebook and MySpace and integrated with popular
virtual worlds and gaming sites like Gaia Online and Outspark, Zong`s
frictionless payment experience converts "shoppers" into "buyers" at rates up to
10 times greater than traditional payment methods such as credit cards. The Zong
mobile payments platform features the most extensive network of direct carrier
connections across the globe and enables web publishers and game developers to
reach over 1 billion mobile users. Zong`s underlying transaction platform has
processed payments for 25 million total unique users since 2000. 

Social networks, online gaming companies, virtual worlds and mobile carriers
interested in working with Zong can visit http://www.zong.com for more
information. 

About Zong

Zong is the leading mobile payment service used for monetizing Web audiences in
the social media and gaming industries. Noted for its frictionless user
experience, Zong converts "shoppers" into "buyers" at rates up to 10 times
greater than traditional payment methods, like credit cards. Zong is featured in
hundreds of top applications on popular social networks like Facebook and
MySpace as well as leading virtual worlds and other online gaming sites, such as
Gaia Online and Outspark. Zong is the mobile payments business unit of Echovox,
which was founded in 2000 and has processed mobile payments from over 25 million
unique users since its inception. Zong leverages direct connections with leading
mobile network operators around the world to provide unrivaled connectivity to
mobile subscribers. For more information, please visit http://www.zong.com. 



Brew Media Relations
Nate Hermes, 415-706-5678
zongpr@brewpr.com



Copyright Business Wire 2009

 

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