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Facebook Mandates In-House Credits

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Gamers will have to use virtual currency.

Farm life is in for a big change: Facebook is mandating that all game apps, like FarmVille, use its in-house Facebook Credits as currency—a blow to gaming companies like Zynga and Playdom, which will now have to give Facebook a cut of their transactions. While games will still be able to sell their own currencies, those currencies will have to be purchased with Facebook Credits rather than cash. Why the move? Facebook takes a 30 percent cut of all Facebook Credit transactions.

Read it at Tech Crunch

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