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Universal virtual currency wars begin: Facebook payments system now testing live

Eric Eldon, VentureBeat05.29.2009
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Third party applications on Facebook are beginning to test out the social network’s new, in-house payment system, presaging what has been described as a wide-ranging war among many companies to offer a single, universal virtual currency. There’s been no formal announcement of a launch yet, but an implementation is already live... (Read more)

Reprinted with permission from VentureBeat. Story copyright 2009 VentureBeat Inc. All rights reserved.

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