After that date, Facebook will convert users Credits balances to the equivalent amount of value in local currency when their first purchase is made with a new local currency-compatible application.
Facebook has first revealed the new API for developers back in June 2012. The API essentially enables Facebook game creators convert and display credits in local currencies.
According to a company statement, the migration is part of a larger effort to give gaming developers more control over how they charge users for items in their games. Applications built by game developers are responsible for a majority of the revenue that Facebook derives from its Payments infrastructure.
In addition, Facebook has unveiled that it is canceling its sponsored support for TrialPay offers, but these will still be supported by TrialPay itself through a direct integration solution for Facebook developers.
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