Gaming market company PlaySpan buys gaming-goods purchase company PayByCash

PlaySpan offers an application that video game players can download and use to trade, buy or sell virtual goods and other products. It has purchased a complementary company, PayByCash, that lets gamers purchase products using cash, checks, PayPal and other payment methods. PayByCash has clients including Electronic Arts, Sony Online Entertainment and Mythic Entertainment.

PlaySpan, notably, has a 12 year old co-founder and has raised $6.5 million in venture capital.

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