Facebook Sunsets Credits, Transitions To Local Currencies To Boost International Payments

Facebook launched its virtual currency Credits in June 2011 to simplify payments. In reality, Credits were a nightmare for international payments due to fluctuating exchange rates. But last night, the sun set on Credits and Facebook completed its transition to local currency payments. It will help developers make more money, smooth payments, and solidify Facebook as an international app platform.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-3Uj4849HM0/

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