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Wednesday, 01 September 2010 13:52

Target To Sell Facebook Credit Gift Cards

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image Target just announced that it would be the first brick and mortar retail store to sell Facebook Credits gift cards. The cards will be available at Target stores across the country beginning Sept. 5.

Facebook Credits gift cards will be sold in increments of $15, $25 and $50. The $15 Facebook Credits gift card

has been created exclusively for Target. This a big move for the social network’s virtual currency; which is expected to make up one-third of Facebook’s revenue in the next year.

Facebook has scored a number of deals with gaming companies to allow its members to use Facebook Credits to buy virtual goods through Facebook credits, including partnerships with Zynga, Crowdstar, LOLapps, and RockYou.

The social network also recently struck a deal with Malaysian payments company MOL Global (the company that bought Friendster) to sell gift cards for credits at retail stores in Malaysia and Singapore.

Zynga also made a similar move earlier this year.


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Authors: Leena Rao

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