Facebook And PayPal Team Up To Provide Virtual Payments

Buying virtual goods with real money isn’t a new thing since the World of Warcraft, although unintentionally, has been facilitating the business of selling virtual goods.  Some WOW’s gamers bought virtual gold with real money to level faster and acquire awesome armors and weapons.  WOW is only one example of many virtual communities that either unintentionally or intentionally encourage members to pay for virtual goods.

Facebook may have see the wave of paying for virtual goods as a potential for great income, and so it has partnered up with PayPal to encourage Facebook’s members to spend real money for virtual goods.  We all know Facebook has amazing amount of virtual games and applications, and from these that Facebook may generate virtual goods for sales.  PayPal could develop a broader reach and may come up with new ways of providing payments in today social environment.  The partnership between Facebook and PayPal may result in unexpected but interesting solution.

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