The new payment option excludes the use of credit cards. Buyers have to print out a receipt for the Facebook Credits purchased online, show it to the clerk at the nearest 7-Eleven location, and pay with cash. Once the payment process has been completed, the Credits are instantly deposited into the user’s Facebook account.
Moreover, all PayNearMe users will receive a 10 percent bonus at the register. Currently, PayNearMe is on the process of developing a mobile application that will allow customers to show a digital barcode instead of printing a receipt at home.
Recently, Facebook has inked a distribution agreement with Asian payment services provider MOL to market its Facebook Credits via the latter’s network of stores.
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