Tunstall
Facebook announced that the closing of a credit system designed for online payments. Instead, the social network users have access to the local currency, as well as payment options on a subscription. Prashant Fuloriya (Prashant Fuloria), employee of the company, says that such changes are caused by the fact that the majority of games on Facebook are using their own types of currencies. The new system is already beginning to be introduced, and all applications and developers that sell virtual items, will have to go to the local currency by the end of the year.
Such a system will give developers more scope for action - they will be able to act more consistently in the appointment of prices for users in different countries. In addition, the system will become more understandable to users, as they do not have to calculate how much real money they will spend on a virtual commodity.
Facebook will automatically convert the loans to users in the appropriate amount of local currency. For application fees through the new system will be available "in the next few months." With regard to subscriptions, the owners of the applications in the social network will be able to establish regular payments - for example, regularly delivered content. A fully operational system should be in July, but prices in the new currency is already installed.
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