Currency - AllFacebook

Facebook Improves Mobile Payment Currency Selection, Adds Ways To Tout Payer Promotions

David Cohen — Thu, 20 Sep 2012 11:29:48 +0000

Facebook continues to streamline the process for both developers of mobile applications and their users to process payments and offer promotions.

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Facebook Rolls Out Currency Conversion API For App Developers

David Cohen — Thu, 28 Jun 2012 16:19:39 +0000

Facebook continues to aid application developers with its phasing out of Facebook Credits in favor of local currency, following up its introduction of revised payment terms last week with Thursday’s rollout of an application-programming interface that allows developers to convert Facebook Credits into the user’s preferred currency.

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Facebook Credits – Part I: The Story So Far

Neil Vidyarthi — Mon, 25 Jan 2010 17:26:27 +0000

With rumors that Zynga will soon integrate Facebook Credits into FarmVille, the nature of microtransactions on Facebook is poised to change. The implications of Facebook Credits in abundant usage across the Facebook application platform are made more clear when we see the popularity of paid Apple iPhone applications. Studies of the success of iPhone applications (and iTunes) have revealed that a secret to Apple’s success is ‘one-click purchasing’. In similar fashion, Facebook Credits has the potential to making the barriers to buying an application or virtual good extremely low. Here we look at the long steps Facebook has taken to arrive at this point.
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