Facebook: A Penny for Your Thought?

Except that, in this case, Facebook could possibly be asking you to pay a penny for your thought, rather than the other way round.

Okay. That’s a very misleading title from my side, but I can’t help it. People who claim that Google is the next evil empire, move over. I’m willing to bet some money on the fact that it’s actually the blue-faced Facebook that will wreck more havoc.

Let me introduce you to “Facebook Credits“, now open for applications that not only spam our sorry butts off, but are also about to do some ripping off. Basically, Facebook Credits is a currency that is aimed at making the purchase of virtual goods across Facebook’s apps easier.

How many Facebook Credits do you need today?

How many Facebook Credits do you need today?

Here’s what Deborah Liu, from Facebook’s blog, has to say about it: “By providing a single, cross-application currency, our goal is to making transactions simpler for users, leading to a higher conversion rate for developers. Specifically, our early testing has shown that users paying with Facebook Credits are significantly more likely to complete a purchase than the average Facebook user.”

To make it super easy, Facebook Credits supports different credit cards, fifteen currencies, mobile payments, and recently, PayPal.

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