Facebook Plays Monopoly With PayPal

Facebook Plays Monopoly With PayPal
technology

PayPal announced a strategic partnership with Facebook, giving users of the service another payment method for ads, as well as their Facebook Credits, a site-specific virtual currency.

Kyana Gordon
  • 19 february 2010

Yesterday, PayPal announced a strategic partnership with Facebook, giving users of the service another payment method for ads, as well as their Facebook Credits, a site-specific virtual currency. The partnership will help small international businesses profit from ads, while the actual benefit to users lies in the implementation of PayPal Credits, which are being tested in a small number of apps on Facebook, as a virtual method of payment.

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