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Pay With Facebook Is In The Wild
- vaksel 17y agoThey should have just used dollars instead of this credits crap. Or if they wanted to stick to credits, should have made it 1 credit = 1 dollar.
- snprbob86 17y agoThere are many engineering, legal, financial, and other benefits to using surrogate currencies. Rather than go in to those, I'd like to agree with you: it sucks for users. I think that Microsoft can get away with the points on Xbox Live simply because they do have a large enough store. I think that a virtual world game could get away with it for the same reason. But a PayPal like system? That's crazy! I hope it is just a temporary solution for micropayments and they are working out the other problems and will eventually support proper currency.
- paulgb 17y agoThis was tried a couple times in the 90s and didn't last very long. Hopefully Facebook can make it work; micropayments might create some new business models for content producers. http://en.wikipedia.org/wiki/Beenz.com http://en.wikipedia.org/wiki/Beenz.com http://en.wikipedia.org/wiki/Flooz.com http://en.wikipedia.org/wiki/Flooz.com
- jfarmer 17y agoOn the other hand: http://venturebeat.com/2009/03/19/the-worlds-most-lucrative-social-network-chinas-tencent-beats-1-billion-revenue-mark/ http://venturebeat.com/2009/03/19/the-worlds-most-lucrative-...