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Facebook, Farmville Reach Truce on Virtual Currency

The maker of Farmville, shedding users by the millions, got a jolt of good news on Tuesday when the game’s parent company reached an agreement with Facebook, settling a standoff over the handling of virtual currency transactions.

https://lastchance.cc/farmville-maker-is-hemorrhaging-players-5536051%3C/a%3E%3C/p%3E

Specific terms of the five-year pact were not mentioned by Zynga in its news release, but it did say that it ā€œexpands the use of Facebook Creditsā€ in Zynga’s games. Facebook Credits are an all-in-in one currency system that would override in-house microtransactions for FarmVille, Mafia Wars and other Zynga properties – with Facebook getting a 30 percent cut, of course.

A showdown over currency presented unappealing options to both parties: FarmVille, said to consider building its own games portal and trying to migrate its 244 million monthly active users to it; and Facebook seeing a major driver of traffic and user participation skip town.

The release said Zynga is testing Facebook Credits in ā€œselect gamesā€ and has plans to expand to more titles in the coming months.

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