Facebook Credits consigned to the digital grave

Ben Parfitt
Facebook Credits consigned to the digital grave

Social network Facebook has scrapped its virtual currency Facebook Credits.

The system was introduced in early 2011 as a universal currency designed to work across all of the apps and games that feature on the ever-diversifying site.

However, the majority of content holders increasingly chose to ignore the system in favour of selling directly using local real-world currencies.

Those who have excess credits of gift cards will see their value translated into credit in their appropriate national currency.

In a further evolution of its service, developers will from July be able to charge monthly subscriptions fees for their Facebook apps.

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Tags: Digital , facebook , scrapped , credits , virtual , currency

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