Facebook to Allow app Developers to Charge for Subscriptions

Written by:
Guest
Published on:
Jun/19/2012
Facebook to Allow app Developers to Charge for Subscriptions

NEW YORK, N.Y. – (Associated Press) - Facebook is letting app developers charge subscription fees, in addition to existing one-time payments, for games and other applications on its site.

Facebook Inc. said on its developer blog Tuesday that the subscription feature will be available in July. The changes open up a new revenue stream for developers as well as for Facebook, which takes a 30 per cent cut from all payments on its site.

People will still able to make payments on a one-time basis. Facebook is also replacing its own Credits currency with users' local currency. So U.S. users will pay in dollars and those in Japan will pay in yen.

Payments for virtual items, such as chips on "Zynga Poker," accounted for 17 per cent of Facebook's revenue in the first quarter.

Business/Financial News

Attract New Players in 2017 - Bookie Tips

Attract New Players in 2017 - Bookie Tips

The popularity of online casino games increases every year, last year online casino games became the second most important source of revenue for online gambling companies worldwide.

4 Tips Of Running A Successful Pay Per Head Sportsbook

4 Tips Of Running A Successful Pay Per Head Sportsbook

Did you think running a successful gaming online portal is easy? Well, if you thought so, you are far from right. Many people have become bookmakers lately.

Local Bookmakers Gambling Guide To Becoming An Online Bookie Agent

Local Bookmakers Gambling Guide To Becoming An Online Bookie Agent

You want to be a bookie agent? Are you craving for a chance to make cool money from the most trusted online wagering software without a hustle?

Bitcoin Steadies After Biggest 3-Day Free Fall in Over Two Years

Bitcoin Steadies After Biggest 3-Day Free Fall in Over Two Years

Bitcoin regained its footing on Monday, having suffered its heftiest falls since early 2015

Elevate Your Pay Per Head Players To An Online Platform

Elevate Your Pay Per Head Players To An Online Platform

In this era, every industry is moving their clients online, transacting online, working online and outsourcing from online portals. Online betting is not exceptional.

Syndicate