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Amex buys virtual currency firm Sometrics

Amex buys virtual currency firm Sometrics

American Express has acquired Sometrics, a virtual currency outfit targeting the online games community, for $30 million, according to TechCrunch. Founded in 2007, California-based Sometrics helps publishers make money from their online games through virtual currency with its in-game payment platform. The company’s system is used for 450 games with an audience of 225 million [...]

The post Amex buys virtual currency firm Sometrics appeared first on Payments Cards & Mobile.

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