25 Jan '11, 4am

Facebook Credits to be mandatory for social games from July | e27

Facebook Credits to be mandatory for social games from July | e27

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Greet Box Facebook has announced that as of July 1, social game developers using the service will be required to adopt Facebook Credits as one of their payment channels. It’s currently being used by at least 350 games from 150 developers. Despite being in beta for the past several months, Facebook Credits has made up more than 70% of transaction volume on the social networking site. Similar to Apple’s App Store scheme, Facebook developers will keep 70% of the revenue from each transaction while the remainder goes to Facebook. Seems that social networking is yet another industry that Apple’s influence has made a mark on. According to the announcement, developers who have adopted Facebook Credits as their in-game currency have seen increases in gross revenue...

Full article: http://e27.sg/2011/01/25/facebook-credits-to-be-mandatory...

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