As of Thursday, Facebook has officially transitioned its payment system from Credits to local currency. The company introduced its Credits virtual currency a few years back to try to simplify online payments. But instead, the system made the payment process more complex for both developers and users.
The move to local currency is now expected to remove that complexity. Developers can now factor in local currencies in their apps and virtual goods to better price them for international markets. And users can more easily determine the true and fair value of items without having to worry about ever-changing currency rates.