Zong is a mobile payment

Mobile Payment

Mobile financial services, also referred to as mobile money, mobile payment, mobile banking, mobile money transfer and mobile wallet generally refer to payment services operated under financial regulation and performed from or via a mobile device....

 company that allows users to make micropayment

Micropayment

A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online. PayPal defines a micropayment as a transaction of less than 12 USD while Visa prefers transactions under 20 Australian dollars, and though micropayments were originally envisioned to...

s on the Internet if they have a postpaid

Postpaid

Post Paid: A model of cellular service whereby the customer is charged for usage in the prior month , and hence does not feature any limitations on volume of service used...

 mobile phone. The payments are charged to their mobile phone bills by the mobile operator. The company was acquired by eBay

EBay

eBay Inc. is an American internet consumer-to-consumer corporation that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide...

 in 2011.

Zong payments are only accepted by online game

Online game

An online game is a game played over some form of computer network. This almost always means the Internet or equivalent technology, but games have always used whatever technology was current: modems before the Internet, and hard wired terminals before modems...

s and social network

Social network

A social network is a social structure made up of individuals called "nodes", which are tied by one or more specific types of interdependency, such as friendship, kinship, common interest, financial exchange, dislike, sexual relationships, or relationships of beliefs, knowledge or prestige.Social...

s, and the service can be used to purchase virtual good

Virtual good

Virtual goods are non-physical objects purchased for use in online communities or online games. They have no intrinsic value and are intangible by definition....

s.

Awards and recognition

Zong was awarded the 2009 Frost & Sullivan Best Practices Award for New Product Innovation in the Mobile Payments category.

Zong was recognized as one of the 2010 Lead411's "Hottest Silicon Valley Companies", a list of small, fast growing companies based in Silicon Valley.