Facebook Gift Card Hits Stores On September 5

September 1, 2010

fb credits 300x287 Facebook Gift Card Hits Stores On September 5Target will be the first brick and mortar retailer to sell Facebook credits. Facebook gift card, according to Target, will be an ideal gift for those who enjoys social games on Facebook this holiday season.

Facebook’s gift cards will be available in values of $15, $25, and $50 at Target’s retail stores as well as on Target.com. The cards go on sale from Sept. 5.
The cards can be used to buy virtual goods in more than 150 social games and applications.

Facebook has already team up with a number of gaming companies like Zynga, Crowdstar, RockYou allowing players to use Facebook Credits to buy virtual goods.

Facebook is all set to rake in more revenues with this move. The domestic prepaid gift card market, according to Mercator Advisory Group, is expected to reach $86.2 bilion this year, up by almost $6 billion from $80.6 billion in 2009.

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