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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.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

10 Responses

  1. Avatar for Frank 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.

  2. Avatar for netbooksearcher 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!

  3. Avatar for onealberto onealberto says:

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

  4. Avatar for laptoper laptoper says:

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

  5. Avatar for The Teknisyan The Teknisyan says:

    hmm.. this is good news for FB adict…

  6. Avatar for CarloBlogg Online 3.0 CarloBlogg Online 3.0 says:

    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

  7. Avatar for nonie blau 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.

  8. Avatar for fr0stbyte 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”.

  9. Avatar for the poor traveler the poor traveler says:

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

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