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Facebook Credits Update: Faster Payments, Greater International Reach

On the same day that PayPal announced its peer-to-peer Facebook payments app, it also updated Facebook Credits, the company's virtual currency for buying goods in games and apps on the site. Facebook Credits now includes a resolved known pay flow issue, updated payment methods for international markets and an updated transfer policy. Facebook resolved a known pay flow issue that had significantly slowed payments.
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Facebook Sunsets Credits, Transitions To Local Currencies To Boost International Payments

Technology : TechCrunch (last year)

Facebook launched its virtual currency Credits in June 2011 to simplify payments. In reality, Credits were a nightmare for international payments due to fluctuating exchange rates. But last night, the sun set on Credits and Facebook... Read Post

Facebook reassures Credits developers, gets patent on news feed

Technology : L.A. Times Tech Blog (5 years ago)

Just a week after Facebook announced that it is partnering with PayPal to make it easier for users to buy Facebook Credits, the site's currency used to buy virtual goods, it now plans to double-down on the technology. According to F... Read Post

More Payment Options for Facebook Credits as It Becomes a Global (Virtual) Currency

Technology : ReadWriteWeb (4 years ago)

You'll soon have 20 new ways to buy your Facebook Credits today, as Facebook has selected PlaySpan's Ultimate Pay as an additional payment provider. Before today, you could buy your virtual currency via PayPal, credit card or mobile... Read Post


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