Facebook is moving to its community of subscribers to 31 million Indians to a new payment system called Credits Facebook next month. Credits Facebook is a virtual currency that facilitates transactions through games and applications on Facebook.

Users are now able to feed your payment information after purchase, to win and go through different games or applications that use Facebook (as Linden Dollars in Second Life). The measure also would benefit thousands of brands that use Facebook to sell their products through their social pages.

Deb Liu, director of marketing for the Facebook platform, written in the official company blog, “Credits Facebook is currently used in over 350 applications 150 developers representing more than 70 percent of the volume of virtual real estate transactions Facebook “. Liu said that developers can keep 70 percent of revenue from virtual goods transactions using credit Facebook. They may also offer special incentives such as early access to product features, promotion of the premium on Facebook and target bonus for ads for developers who integrate the system into their applications.

Many of the major developers like Zynga, Fish Play, Digital Chocolate, PopCap and Arkadium have already approved credits of the game on Facebook virtual goods. Social games such as Farmville, Mafia Wars, and Zynga Poker is an important part of Facebook’s 700 million user base, of which nearly 200 million online community to play games every month.

GameMaker most popular Facebook social, Zynga (producer of Farmville), now allows players to purchase virtual products on Facebook, instead of credit money the developer called Cash Farm. Games of electronic art with a social arm of the Fish Play, which has a number of popular games such as City Restaurant, Pet Society and the City Hotel has also abandoned its virtual currency on the coins Facebook. Speaking with the players is the blog of fish play, the company said: “You can be sure not to miss any of the Cash Play Fish have purchased so far.

We quickly and easily to make the new currency of the credit for their favorite Facebook game using cash Playfish converter in every game. ”

Facebook developers have tested the new Facebook payment system for months. Such a development, Digital Chocolate, is one of the five largest companies in games of virtual goods. Jason Loia CEO said: “People are less reluctant to buy virtual currency if supported by a procurement process consistent and reliable so that there is a low barrier to entry and reduces friction in the payment process. Participation Facebook solves these problems for consumers. ”

He added that when switched credits Facebook Digital Chocolate, the company through a period of international growth. “So we knew they would work on the problems that we were dealing with, such as finding partners to monetize Facebook internationally … does all the heavy lifting with regard to integration and location of payments, so we do not have to reinvent the wheel every time, “he said.

Incoming search terms:

• virtual currency india
• www india facebook sey
• blogging virtual currency
• fact about facebook
• www indian coinsfacebook com