Visa Expands Digital Payment Options With Purchase of PlaySpan

Visa has agreed to acquire PlaySpan, which handles transactions for virtual goods in online games, digital media and social networks around the world. Visa will pay about $190 million in cash, plus undisclosed payments for hitting future milestones. The Santa Clara, Calif., company is privately held and backed by Easton Capital, Menlo Ventures and other funds.


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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google