Facebook Credits


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Facebook Credits

Virtual money that is used to purchase objects when playing games. See Facebook.
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* "Transferring Facebook Credits to your bank account is now available!"
The move to phase out Facebook Credits is considered to be an attempt to attract more investors after its widely discussed IPO debacle.
Some industry experts said that if Facebook Credits were used for purchases of physical goods, the company s cut would have to be a lot lower than 30 percent.
Helsinki, Finland, March 31, 2012 --(PR.com)-- Research by Global Intelligence Alliance (GIA), a strategic market intelligence and advisory group, suggests that Facebook Credits offer the best social payment solution for media content vendors to date.
Users will still need to log in using their Facebook IDs and sales from virtual goods in games, such as houses, coffee or other items, will be traded using Facebook Credits, the social website's payment system.
For now, virtual currency in use will still be Facebook Credits.
When running on iOS, playMobi uses iTunes; on Android, Google Payments; on Facebook, Facebook Credits; and on the Open Web, it uses PayPal.
After victims have inputted their personal information, they are asked to provide credit card numbers for verification purposes and to purchase "Facebook credits," as needed.
* To subscribe to watch the Michael Forever tribute show using either Facebook credits or a PayPal account, visit the website: https:// apps.facebook.com/M4Tribute
Fans can pay to watch the show using Facebook Credits or PayPal.
Facebook Credits enable users to buy and spend virtual currency in more than 150 applications on Facebook.