MySpace Launching A Payment System: Concert Tickets, Merch, Ringtones Coming Soon

MySpace COO Amit Kapur revealed at the Web 2.0 Summit that they are working on their own own virtual gift service as well as a payment system that MySpcae App developers can add to their offering.
The virtual gifts thing is a no brainer, but the payment system will be interesting. Does it mean developers will be creating apps that are good enough to charge for? Or does the payment system mean they will have an in-house ecommerce infrastructure for rolling out their own Merchandise, Concert Tickets, and Ringtones applications that are supposedly coming soon. I think the latter.