Facebook-Payment system for Indian users

Social networking site Facebook w  introduce a payment system ‘Facebook Credits‘ for Indian users who could spend the virtual currency across various games or applications they use on the popular website.


Deb Liu, Facebook’s Platform Marketing Manager had stated on the company’s official blog in January, “Starting July 1, we will require all social game developers on the Facebook canvas platform to process payments through Facebook Credits. Facebook Credits is currently used in more than 350 applications from 150 developers, representing more than 70% of virtual goods transactions volume on Facebook”. This payment system will enable easy and fast transactions across games on Facebook and is likely to benefit over 2.5 crore Facebook subscribers in India.
Many developers such as Zynga, Playfish, CrowdStar, Digital Chocolate, PopCap and Arkadium have already adopted Facebook Credits for in-game virtual goods.