Adding PayPal offers more flexibility and choice for payouts and makes it even easier to monetize apps with Facebook Credits. It also raises the issue of what "currency" or "money" is, or could be. In the same way that airline miles now are a form of currency, so "credits" or "tokens" or other mechanisms could emerge as a supplemental form of "money," both in the mobile and online spaces.
Thursday, May 26, 2011
PayPal Payouts with Facebook Credits
Developers signing up for "Facebook Credits" as a currency will have the option to use PayPal as a payout option, Facebook says. When signing up for Facebook Credits for the first time, developers can add an existing PayPal account as well
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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