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MOL partners Facebook to become its payment provider

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MOL AccessPortal Pvt. Ltd. has partnered with Facebook to become a payment provider for Facebook credits. The partnership allows Facebook members to buy Credits using MOLPoints on Facebook and on MOL's website www.mol.com. This strategic relationship with Facebook makes it easier and convenient for millions of people across Asia to purchase virtual goods in online games and applications on Facebook.

MOLPoints is designed to provide greater convenience for both digital gaming and online shopping experiences. Registering for a MOLPoints account is easy. All one needs is a valid email address. Users can sign up via MOL's site www.mol.com or they can directly go the MOLPoints Application Page on Facebook. Facebook Credits enable users to buy and spend virtual currency in more than 150 applications on Facebook. MOL does not impose any additional cost.

"There has been a phenomenal growth in the online gaming and social networking markets in Asia, and India is one of our key markets. MOL is committed to ensure that our consumers are able to acquire virtual currency for their digital lifestyle with safety and ease. And we believe that this strong partnership with Facebook will continue MOL's momentum to provide highly effective monetization solutions for the social web," said Ganesh Kumar Bangah, Chief Executive Officer for MOL.