Aiming to make it simpler for millions of people to acquire essential goods and play games on the social networking site while increasing revenue for developers, Facebook is associating with a Malaysian Company to vend credits at trade outlets across Asia for the first time.

Electronic Payments Company MOL’s spokesman Nor Badron said that the Company was expected to present online currency from early August at more than 500,000 channels counting 7-Eleven stores and internet cafes in five south east Asian Countries, as well as India, Australia and New Zealand.

The move targets people, principally younger Facebook users, who do not have a credit card. It will be a great move for even the ones who don’t intent to take the risk of online payment.

"Asia has a huge gaming community, and it's typically young people. The penetration for credit cards is very low so the developers are not making money and missing this opportunity”, Mr. Badron said.

MOL though already vends prepaid credits for other online games at its recognized network of stores, but now for the first time the consumers will be able to buy credits for Facebook's applications, together with such trendy games as Mob Wars and FarmVille, without credit cards.

According to MOL, more than 70% of Facebook members use applications, and payment dealings have seen a double-digit boost over the last quarter.