Welcome to Boston Ebay. According to post on the PayPal blog, Ebay has acquired Boston based Fig Card. If you recall, just last week Ebay acquired Where for $138 million (originally reported here as $135). Fig Card will also report to Ebay’s PayPal unit.

Fig Card is a mobile payments solution that sets itself apart by circumventing many of the traditional mobile payments barriers by going directly through the web. Merchants require a (free) patented piece of software installed on a POS terminal/computer, and all you need is their app on your phone to be wallet-free. You can learn more about Fig Card from our interview with their original co-founders back in August.

According to Scott Kirsner of the Boston Globe, the Fig Card deal was completed before Where’s and it is unsure if Fig Card will remain here or move out to California.

In a post on the PayPal blog, Peter Chu senior director of PayPal Mobile talks about the acquisition and speaks very highly of founders Max Metral and and Hasty Granbery. “Clearly, Max and Hasty have a successful track record working together as a team, and we can’t wait to see what they’ll come up with at PayPal!” said Chu. This certainly appears to be a talent acquisition with a tech bonus. What’s odd is that Fig Card is (was) a three person team. Although, not listed on the website Dave McLaughlin, formerly of Boston World Partnerships was a part of the Fig Card team. McLaughlin does not appear to be joining PayPal.

It is clear Boston has a strong mobile payments presence as outlined by Cheryl Morris here, and it looks as if Silicon Valley is trying to but it’s way in.

We have reached out to Fig Card and are awaiting their comment.

Here is a demo of how Fig Card works: