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Facebook Relents On Credits, Allows In-App Currency Offers

Date: Jan 08 2012 05:56:34 Source: Inside Social Games Views:
KeyWord: Facebok Credits, Facebook Games, Facebook Premium Currency, Virtual Currency, Premium Currency

Facebook announced that it will give developers the option to provide in-app offers in their native currency, the company announced in a blog post Friday.

By Brittany Darwell From Inside Social Games

Facebook Credits

The change should help developers since users are more likely to complete offers that involve the unique currency of the game they're playing. Completing offers in units of Facebook Credits might not be as easy to understand for users who have to do the math to know what Credits convert to. " In-app offers," as Facebook noted in its announcement, are an important way for developers to monetize users who might not otherwise buy virtual currency. In these cases, advertisers cover the cost of the currency in return for the app bringing them customers.

By completing advertiser offers, such as signing up for a subscription service or shopping in an online store, app users can earn virtual currency. Since the transition to Credits, which was made mandatory in July 2011, all offers have been done in Facebook's universal currency, except for games by a few large developers who Facebook allowed to provide offers in their native currency. Now, the company is allowing all developers who prefer transactions to be in their own in-app currency to offer them. Before the launch of Credits, many third party offer networks provided offers to developers in native currencies.

Facebook Allows In-App Currency Offers

Facebook will leave Credits offers as an option, which developers can use instead of or along with in-app currency offers. The new offers documentation supports Offerwall and Dealspot. Details are available on the Facebook Developer site.

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