toggle

AAPL Stock: 121.3 ( -1.07 )

Printed from http://www.macnn.com

Facebook opens subscription payments for all developers

updated 03:45 pm EDT, Wed August 8, 2012

Pilot program completes beta trials

Facebook has finally opened its subscription payment system to all developers, following six weeks of beta testing with major players such as Zynga. The payment option enables developers to sign up customers for recurring subscriptions, paid in local currency, rather than requiring users to purchase virtual credits.

The credit system proved popular with Facebook games, however the social network suggests the subscription option will enable developers to offer new "premium experiences" and updated content. As an example, Playdom's Garden of Time offers a $15 subscription featuring in-game perks such as exclusive items and 70 gold, replenished each month, along with early access to new content.

The move is viewed as Facebook's latest push to boost revenues, after payments revenue began to level off late last year. The company now primarily relies on ad revenue, though it still directly competes with mobile app ecosystems offered by Apple and Google. The subscription system will take the same 30 percent cut that is taken on Google Play or the App Store.

Users can make subscription payments via credit card or PayPal, or take advantage of free trials offered by developers. Subscriptions can be terminated from within Facebook's own payment system, but the company recommends a cancel option within the app.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented