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March 16, 2010

GCash, Boku to do Mobile Payments on FB

In a press conference today, Globe and Boku explained their deal to provide a mobile payment platform for GCash users using Paymo.

This means you can now buy virtual goods on FarmVille, make your stalls in Restaurant City more spiffy or top up your chips on Poker using your Globe GCash. That’s on top of other current options such as Facebook credits, credit cards and Paypal.

Starting March 24, 2010 you will see Boku/Paymo as an option to purchase virtual goods on Facebook games operated by Zynga and PlayFish. When you used “Mobile Payments” as an option, it will allow you to choose Globe GCash and then you can just top up any amount (max of Php40,000 per day) using you GCash MPIN.

Popular Zynga games on Facebook includes FarmVille, Mafia Wars, Cafe World, FishVille and Poker. Popular games by PlayFish includes Restaurant City and Pet Society.

Globe has over 1 million GCash users with a gross monthly transactions of 3.5 billion to 4 billion. GCash users can also do transactions on any other sites or games that are powered by Boku/Paymo. It remains to be seen how much transactions will be generated with GCash/Boku over Facebook games. Zynga made an estimated $300 million in revenues in 2009.


10 Responses to “GCash, Boku to do Mobile Payments on FB”

  1. i predict FV addicts bankruptcy… its a great move for Zinga, many pinoy are addicted to their games.

  2. fr0stbyte says:

    Yep. More chances to waste money for those who are already financially disadvantaged who play games to nullify their failures through “virtual game success”.

  3. nonie blau says:

    it’s really a waste of money….sorry i will not grab this kind of fanatic they’re only making us the source of there funds…sorry for this.

  4. Yup, buying “virtual goods” with real cash is pushing it; Pero with that many GCash transactions, this tie-up may bring in plausible profits to Globe and Boku.
    I don’t go for buying virtual stuffs though, It’s like buying “nothing”, dba? :D

  5. The Teknisyan
    Twitter: Teknisyan
    says:

    hmm.. this is good news for FB adict…

  6. laptoper
    Twitter: lenard
    says:

    “It’s like buying nothing” agree ako dito. For your eyes only purchase.

  7. onealberto says:

    good idea. i can now purchase stuffs on farmville.yahooooo!

  8. netbooksearcher says:

    Grabe, such a waste of money and time!

    The only good you get from playing these games (and now, purchasing virtual goods) is temporary fulfillment that only lasts for a day – max!

  9. Frank says:

    I’d rather buy books. Its much more fun reading than playing virtual games and yes I agree its a waste of money if you just used it in something you cannot touch.

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Abe is the founder and Editor-in-Chief of YugaTech. You Can follow him on Twitter @abeolandres.

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