Attention WalMart and BestBuy Shoppers – Facebook Credits on aisle 5

October 26, 2010

It’s been about nine months since Facebook rolled out its virtual currency, Facebook Credits.

Now the Internet social networking giant will make its Credits widely available in the physical world, by selling them on pre-paid gift cards available at Best Buy and FBCreditsWalMart stores in the United States.

No, you can’t use Facebook Credits to buy a six-pack of beer or a new iPod. The currency remains limited to use in the social games and applications popular on Facebook, where people can use Facebook Credits to buy virtual crops for planting in the Farmville game, for example.

Facebook began selling Facebook Credit gift cards at Target stores earlier this year, but landing on WalMart and Best Buy shelves should vastly expand the availability of its fledgling currency – at the end of 2009, WalMart had more than 3,600 stores in the United States.

Facebook won’t say what percentage of its more than 500 million users currently use Credits, though the company says the idea of selling Credits cards  in brick-and-mortar retail stores is to expand access to a broader group of people and to increase the use of Credits.

And with Facebook taking a 30 percent cut of the revenue that application-makers book on transactions involving Facebook credits, the more people that are using Credits, the better for Facebook.

Facebook Credits gift cards will be available, beginning this week, in denominations of $10, $25 and $50 at BestBuy and $5, $10 and $25 at WalMart, with a special $50 card available at Walmart.com.

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[...] the urge to stock up on fertile hens for your online farm strikes you, you may not have to wait. Beginning this week, in-store gift cards redeemable for Facebook Credits will be made available in denominations of [...]

given the size of facebooks reach this is great news but why can’t we tie in on sustainable global projects and assist “United Nations” offering facebook penny credit shares schemes?

Posted by towingadapter | Report as abusive

[...] e-commerce a more social experience that can have much more impact. Big commercial outfits like Best Buy and WalMart are even selling Facebook credits on their shelves in the form of « credit » cards, making virtual currency not [...]

[...] under two months since Facebook began offering its Credits as gift cards in Target stores but, as Reuters points out, “landing on WalMart and Best Buy shelves should vastly expand the availability of its [...]

[...] within Facebook. Target, Best Buy, Walmart and some smaller chains actually started selling Facebook Credit Gift Cards in store last year. The cards can only be redeemed on Facebook within games or apps that accept them as a [...]