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 Facebook to launch virtual currency

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Registration date : 2008-11-26

PostSubject: Facebook to launch virtual currency   Fri Jul 09, 2010 5:16 am

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Facebook is partnering a Malaysian company to sell credits at retail outlets across Asia for the first time, aiming to make it easier for millions of people to purchase virtual goods and play games on the social networking site while boosting revenue for developers.
Electronic payments company MOL - part of the business empire of tycoon Vincent Tan - will offer the online currency from the beginning of August at more than 500,000 outlets including 7-Eleven stores and internet cafes in five south east Asian countries, as well as India, Australia and New Zealand, company spokesman Nor Badron said.

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