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MOL To Sell Facebook Credits Via MOLPoints In India

MOL AccessPortal, a payments service provider, has partnered with Facebook to become a payment provider for Facebook Credits. Users can buy Facebook credits using MOLPoints,on Facebook and on its website: MOL.com. According to a company statement, MOL has more than 600,000 physical and online payment channels across Asia. Facebook Credits are required to buy virtual currency and virtual goods in Facebook apps.

MOLPoints is a virtual currency which can be used to purchase online content and services, including game credits, and online gift cards such as iTunes gift cards. The company claims that MOL points can be used in more than 2,000 online games, and for buying Zynga Game Cards, MMO credits and US console game cards.

MOL had earlier tied-up with online gaming firm Zynga, which has games like Mafia Wars, Cityville and Farmville, to launch dedicated Zynga Game Cards in six countries in Asia, including India and although the announcement only mentioned availability at Sify’s Cybercafes, MOL’s website indicated a wider distribution of its cards India, including online banking: at Zapak Gameplex‘ and Reliance WorldsITZ Cash CardsEzp cards, online banking (via CC Avenue), OxiCashPaymate, Paypal (though that option might not be applicable), and even money transfer co’s like Western Union, and MoneyGram.

Users can buy MOL Points either by registering on the MOL website, with their e-mail addresses, or through the MOLPoints application page on Facebook. The company says that the USP of the service is that it does not levy an additional surcharge to process credit card transactions, and uses an encrypted payment gateway. MOL claims to handle over 60 million transactions annually and in addition to the physical and online payment collection points across 80 countries, it is also linked online to 88 banks in 9 countries.

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