Thursday, February 18, 2010
Facebook and PayPal - Today is an exciting day as my two worlds merge
Many of you know me as the Facebook enthusiast running the Bay Area Facebook Meetup and volunteering at grassroots Hackathons and Community Leadership Summit. Then there is my real job, as Social Media Strategist at PayPal, where I am part of the PayPal Developer Network.
Some of you know of my pet project "socialmints" where I was part of a visionary team who built the first micropayments app for Facebook in early 2008, allowing PayPal integration to developers like Blake Commagere, Puzzlebee, Zoo and many Game Apps to offer virtual currency to play with virtual goods.
Today my two worlds are merging into each other as Facebook has teamed up with PayPal to offer PayPal as an option to buy Facebook Credits and Facebook Ads.
It has sparked a lot of excitement from lot of media, inc my favorite Allfacebook.com who was the first to write about Facebook and Payments since GSP08, GigaOM, TechCrunch, VentureBeat, CNET, WSJ, Associated Press, Business Insider, Reuters, Mashable, AllThingsD, ReadWriteWeb, FinancialTimes, RegisterUK.
It is an exciting new era for developers who are waiting! It opens two worlds - the largest social network where we hang around with our friends, send free gifts and valentines and a secure Payment platform that is compliant with global laws and takes care of risk models to avoid, so we can build apps and focus on truly monetizing them.
As users, we can just continue sending sheep to our friends and BuddyPoke hugs with total peace of mind knowing that PayPal is taking care of the risk and compliance and security in the background.
ps: Thanks to Tsukuyomi-No-Mikoto on Flickr for the BuddyPoke picture.