Overlooked Vendors Cast a Skeptical Eye on Facebook Partnership with TrialPay

Facebook announced in April that it would begin integrating offers, such as Netflix trials, as a payment option for its new, universal virtual currency called Credits. Though Facebook initially announced plans to integrate the offers of two venture-backed monetization startups, TrialPay and PeanutLabs, Facebook has yet to make the PeanutLab’s offers available to users and competitors. Related or not, competitors in the space are beginning to cry foul over Facebook's relationship with TrialPay. One major bone of contention, claim two sources who asked not to be named, is that the process used to vet competitors to TrialPay was neither impartial nor clear. “They just asked to give a presentation on the company,” says one source familiar with the matter. “It turned out that the presentation was the equivalent of a , but was never notified of that and in fact, their executives were told to skip over background about the company’s fraud protection and customer service.”

22 June 2010•4 mins read
Feature image
LinkedInXEmail
LinkedInXEmail