Thursday, July 28, 2011
PayPal Says it Will Be Agnostic About Payments, Zong Purchase Proves It
PayPal executives have been pretty clear that they are going to be "agnostic" about the ways mobile phones can communicate with payment terminals, and eBay, PayPal owner, has "put its money where its mouth is" by buying Zong, which provides carrier billing, with some 250 carriers globally.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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