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Facebook Credits to be sold in Retail Stores

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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.

Mol Payment Channels • Facebook Credits To Be Sold In Retail Stores

These MOLPoints can now be used to buy FB Credits which members may then use to buy virtual items on Facebook (esp. FB Games).

Realme Philippines

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?

Avatar for Abe Olandres

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

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Teknisyan
11 years ago

@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!!!

cris
cris
11 years ago

@Tekinsyan- Agree.

I’d rather spend my P20 on 7-eleven’s siopao while chatting on FB.

lawrence
lawrence
11 years ago

@mon

isnt it free to comment here? low-life people living in the online world. hhaha peace..

anyway I think that it wont be a hit here in the PH, cause we filipinos will love stuff as long as it’s free..

buti sana kung ala-OL games with good graphcs sulit paggastosah :)

Mike B.
Mike B.
11 years ago

Hell no! FB was meant to be free! Boohoo capitalism!

IC DeaDPiPoL
IC DeaDPiPoL
11 years ago

So parang 3 phase ang conversion?

Peso -> MOL Points -> Facebook Credits? (not counting kung me FB Credts -> Zynga Coins

Mon Makuto
11 years ago

@teknisyan,

As I’ve expected, you still keep commenting senselessness into this blog.

Go away, pest.

Teknisyan
11 years ago

the only people that I think of buying facebook credit are those who are really… really… addicted to facebook.

Like buying virtual gifts, apps and tractor plus weapons for your little warrior!!!!!! lols.

winston
winston
11 years ago

yuga, ito bang site mo copy-paste lang ng ibang top-tier IT blogs like neowin at engadget. ni-rerephrase lang yung post ng iba eh …

JP
JP
11 years ago

Aaack! It’s like that Ragnarok game all over again!

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