Rixty Offers Facebook Credits For Coins
Cash-based online payment system Rixty announced a deal with Facebook that will allow consumers to purchase the social network's virtual currency system Credits in exchange for real cash and coins.
With this partnership, gamers can receive Facebook Credits by bringing cash and coins to more than 20,000 locations across the country that support Rixty's service, including some 10,000 Coinstar machines. They can then spend those Credits in participating social games and apps to purchase virtual goods.
The San Francisco-based firm's payment system offers an alternative to online gamers who would rather not use a credit card, either because they don't own one or because they prefer not to use one online. Rixty's service isn't tied to consumers' names and doesn't require a contract, which it says helps protects users' prvivacy, credit scores, and checking accounts.
"Rixty was founded to let anyone with cash or coins in their pocket engage in the very best online entertainment," says Rixty CEO Ted Sorom. "Facebook Credits, which support a broad spectrum of social games, are a major step in helping us fulfill our founding mission."
He adds, "Whether consumers lack other options like a credit card or a bank account, or prefer the security of cash purchases, Rixty gives cash-based consumers the freedom and convenience they desire when spending online. By making the online world accessible to an entirely new group of users, Rixty has consistently enabled publishers to generate more paying customers, without cutting into their existing revenue streams."



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