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