All Posts Tagged Tag: ‘Facebook Credits’

Facebook Faces Suit over Kids’ App Purchases

Facebook is facing a class action lawsuit that could force it to refund hundreds of thousands of parents whose children made “unauthorized” purchases for in-app items on the site. A California judge has ruled the the suit must progress, despite Facebook’s contention that it lacks merit. From Reuters: The April 2012 lawsuit said Facebook let children use their parents’ credit …

Read More

Facebook Launches Local Currency Payments API, Sets Date For Facebook Credits Death

About a year ago, Facebook announced that it was launching subscription payments and local currency support for in-app payments while getting rid of Facebook Credits. In March, the company previewed local currency payments for game developers. Today, Facebook announced that it’s launching the local currency payments API for all game developers, and that on September 12, it will no longer …

Read More

Facebook Introduces The Payer Promotion API

Facebook has been playing around with Payer Promotion for a while now. It lets app developers on Facebook offer special discounts on in-game items to first-time players and other eligible users. Facebook claims that it helps to increase payer conversion and revenue. Now they’re making it easier for everybody to implement. Facebook is launching the Payer Promotion API today. It …

Read More

Facebook Ditches Credits In Favor Of Real Money

Facebook is launching subscription payments and local currency support for in-app payments, while getting rid of Facebook Credits. According to Facebook’s Credits page (pictured above), only 852 people liked Credits anyway. “With subscriptions, you can establish a recurring revenue stream and offer updated content or premium experiences for a monthly fee,” says Facebook’s Prashant Fuloria in a post on the …

Read More

Facebook IPO: Are Facebook Credits About To Become More Important?

The Facebook IPO is going live today and everybody is asking a multitude of questions. Is Facebook worth investing in? Is it just a fad? Will it be the biggest tech IPO in history? One question that seems to be getting ignored is what Facebook will do to monetize the platform now that its advertising value has been brought into …

Read More

Facebook’s 30 Percent Revenue Share May Soon Not Apply To All Apps

It’s pretty much common knowledge now that Facebook gets a 30 percent cut whenever somebody buys Facebook credits to spend on in-game purchases. It’s the leading reason behind Facebook’s continued dependence on Zynga and other game developers who make up more than 10 percent of their revenue with Zynga making up 12 percent all by themselves. Facebook does have more …

Read More

Earn Facebook Credits By Eating Taco Bell with Plink

Attention Cityville, Mafia Wars, and Bejeweled players, I bet you’d like to earn Facebook Credits by doing something you probably do all the time. A new loyalty service called Plink allows you to dine your way to Facebook currency riches. Plink is pretty simple. All you have to do is join the program through Facebook connect, and register your most-use …

Read More