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techcrunch
Kwedit, the
innovative and suddenly
controversial payments platform for virtual goods, is releasing some early data.
The service lets users promise to pay later in lieu of a direct credit card payment when they want virtual currency for social games like Farmville. It’s not a legally binding promise, but users have an incentive to pay amounts owed because that allows them to get more virtual currency through the service. Users can pay by, among other methods, mailing in cash or paying at a...
Reproduced under the Fair Use exception of 17USC107
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