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Facebook Trials 'Credits' Payment System

Gordon Kelly


Facebook Trials 'Credits' Payment System

We all know 'Web 2.0' outfits are desperately trying to monetise themselves but can anyone really see this taking off?

VenureBeat has managed to snag details of a nutty new scheme from Facebook which is testing out whether its users would be prepared to reward friends' status updates, links and other items. The system is called 'Credits' with users able to purchase 100 credits for $1 and then dish them out as they see fit when they find something particularly enjoyable.

As it stands currently, a test version of the site sees a credits section added to comment boxes with the option of leaving a specific amount to the poster. Credits earned can then be bestowed on someone else or used to purchase virtual gifts. At present it seems unlikely there will be any way to bank received credits but it would seem logical that they could be extended to any online store plans such as music or video downloads.

Naturally, while bringing in the cash is an increasingly important factor to Facebook the move must also be seen as a way to entice users away from Twitter to a scheme where they can be 'paid' for their hard earned witticisms. After all, if you're losing members through controversial redesigns there may be little other option than to buy them back...


via VentureBeat

Steve Austin

April 6, 2009, 6:27 pm

Bit late for an April Fools... For surely thats what this nonsense must be?!


April 6, 2009, 7:46 pm

This really stupid.. but they have 175 million users and there are a lot of equally stupid people out there... so it might end up being smart.

If only 2% of total users spend $5.. that's $17.5 million. Not to be sniffed at. If they have a system where people can buy things with those credits there will be an even larger percentage of users try it out.


April 6, 2009, 10:31 pm

just look at the amount of money people spend on the (Fluff)Friends application on Facebook! My girlfriend is rather skilled at getting everything without spending any money, but some people complain on the forums on how they've had their cards taken away by partners for spending too much money on it! Some people easily spend upwards of $100 a month on there!


April 7, 2009, 12:40 am

More chance of a lead baloon taking off - the way Facebook has changed recently means that you get a load of twoddle as soon as you sign in to your profile (ie...the sheer amount of friend's comments and what apps and any other crap they took part in ... yawn!!!) - however, you will always find some twats on Facebook who would be up 4 that sort of thing and would be willing to pay for credits to comment, my verdict: avoid :(

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