Facebook to let developers charge subscriptions

Last updated 14:13 20/06/2012

Relevant offers

Digital Living

Startup's software can find a photo that fits the mood Implanted microchips give Jedi powers to lifelong Star Wars fan The trick to choosing a password that's easy to remember but hard to crack WhatsApp 'betrays' users by sharing data with Facebook, here's how to opt out New Zealand Gaming Championship is eSports' watershed moment in NZ Frustration over slow rural broadband sparks petition Panic over nude images shaped the web as we know it Apple on Tim Cook's watch: Five years of change Anaesthetist slams Greenpeace for 'spam attack' aimed at his councillor wife Internet usage is increasing, but swap to high speed fibre is still buffering

Facebook is letting app developers charge subscription fees, in addition to existing one-time payments, for games and other applications on its site.

Facebook said on its developer blog on 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.

Advertisement: Story continues below

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 Australian users will pay in Australian dollars and those in Japan will pay in Japanese Yen.

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

Ad Feedback

- AP

Special offers

Featured Promotions

Sponsored Content