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Facebook, MOL Bring Facebook Credits to Asia

 & Chloe Albanesius Executive Editor, News

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Facebook has teamed up with MOL Global to provide users in Asia with an easier way to take advantage of the social-networking site's Credits program.

The strategic partnership will make MOL's Access Portal a Facebook Credit payment provider. Users in Malaysia, Singapore, Indonesia, Philippines, Thailand, India, Australia, and New Zealand will be able to buy prepaid Facebook Credits on MOL.com and at MOL outlets in 7-Eleven stores and cyber cafes.

Cobranded gift cards that can be redeemed for Facebook Credits will also be sold in Malaysia in Singapore, Facebook said.

The deal will facilitate participation in Facebook Credits for users in the region, many of whom rely heavily on prepaid cards rather than credit cards, the companies said.

"Working with MOL means we can offer the benefits of Facebook Credits to millions of people in Asia using a payment system that is already widely used and trusted," Vaughan Smith, director of business and corporate development at Facebook, said in a statement. "We're investing in the long-term future of Facebook Credits and we view this agreement as a major opportunity to broaden the availability of a simple, unified currency that can be used in games and applications across Facebook."

Facebook Credits can be used to purchase more than 150 applications on Facebook. An alpha test of the system started in May 2009, and it moved into the beta phase earlier this year, adding major developers like Crowdstar, Playdom, Playfish, RockYou, 6waves, and Zynga. In February, Facebook added the ability to purchase Credits via PayPal.

Originally posted to AppScout.

About Our Expert

Chloe Albanesius

Chloe Albanesius

Executive Editor, News

My Experience

I started out covering tech policy in DC for The National Journal, where my beat included state-level tech news and all the congressional hearings and FCC meetings I could handle. I later covered Wall Street trading tech before switching gears to consumer tech. I now lead PCMag's news coverage.

My Areas of Expertise

Getting my start in DC means I still have a soft spot for tech policy; Congressional hearings can sometimes be as entertaining as a Bravo reality show, for better or worse. But PCMag is all about the technology we use every day, as well as keeping an eye out for the trends that will shape the industry in the years ahead (or flop on arrival). I've covered the rise of social media, the iOS vs. Android wars, the cord-cutting revolution that's now left us with hefty streaming bills, and the effort to stuff artificial intelligence into every product you could imagine. This job has taken me to CES in Vegas (one too many times), IFA in Berlin, and MWC in Barcelona. I also drove a Tesla 1,000 miles out west as part of our Best Mobile Networks project. Of late, my focus is on our hard-working team of reporters at PCMag, guiding and editing their robust coverage.

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