Friendster’s new owner, MOL, is helping Facebook sell FB Credits in Asia, including the Philippines. That means you should be able to buy Facebook Credits at a number of outlets, including 7-11 Stores, nationwide.
MOL has its own virtual currency called MOLPoints which is being sold at over half a million outlets across South-East Asia, including the Philippines, India, Australia and New Zealand.
These MOLPoints can now be used to buy FB Credits which members may then use to buy virtual items on Facebook (esp. FB Games).
A huge part of Asia still uses prepaid cards to buy online credits instead of credit cards and MOL has a large network of retail outlets, including the Philippines.
Seven (7) months ago, Malaysian company MOL bought Friendster to help it steer into the business of selling virtual goods/items.
While Facebook has grown exponentially in these parts of Asia, it has yet to see significant usage of FB Credits because of limited credit card penetration in countries such as the Philippines. Perhaps the prepaid option will change all these (via BusinessWeek).
Anybody out there buying FB Credits lately?
@cris, IC and Dead:
Yeah… I think MOL is trying it’s luck in FB since their investment on FS is not that successful. But I really don’t see FB Credits as a whole picking up here, even if there are people who are really addicted in FB, RE.. Farmvillagers!!!