Social networking giant, Facebook has made an announcement that it would be rolling out its latest service, Facebook Credits. The bigger news here would be that the service has been launched in 11 countries, including India.
Starting from July 1, 2011, Facebook Credits intends to be used as an alternative payment option on the social networking giant. The payment option would be supported by Live Gamer. Facebook credits would allow users to buy virtual currency and virtual goods that are being made available to them in their Facebook apps. The only hiccup, possibly here is that the credit service doesn’t allow payment in Indian Rupees, at least for now. Therefore, users would have to purchase 50 credits for $5.