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 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…

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…

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…

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…

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…

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.…

Facebook Credits: New Payment Methods and Other Updates

Facebook announced some updates to Facebook Credits. These include: new payments methods, a new policy, updated documentation and a breaking change for the Credits callback. First off, new payments methods that have been added include: ELV (Germany) MyCard Mobile (HongKong,…

Facebook Insights for Credits Launched

Facebook just announced the launch of Insights for Credits, so developers can get a look at metrics related to transactions within their apps. You can view data on: user spend chargebacks refunds “Insights for Credits uses the same data that…

PayPal Now an Option for Apps Using Facebook Credits

Facebook and PayPal announced today that Facebook app developers can now select PayPal as a payout option when they integrate Facebook Credits in their apps. This is huge news for e-commerce on Facebook, and should be ultimately for the success…