New Facebook APP could turn social networking into an e-commerce world!

Buxter, a new Facebook app, could turn social network into an e-commerce marketplace. Developed by e- payment entrepreneur ClickandBuy International Ltd., London, United Kingdom, it is the only platform within Facebook that handles real instead of virtual currencies.

With just a few clicks of the mouse, users can register and load their own Buxter E-wallet in Euro or U.S. dollars (with a limit of EUR 50, for now).

The application could prove to be equally helpful for friends and family. Facebook users are able to transfer, receive and request money from other Facebook users via “Buxter” free of charge. For a fee of 1.9 percent (or a minimum of 2 EUR or US$3.00) they can withdraw their money from their ClickandBuy account.

Buxter is designed to encourage third party developers by giving them access to the  Buxter-Facebook-API. This way, third party developers are able to create individual business solutions within Facebook and then receive payments through Buxter.

Individual Facebook users may want to integrate this app into their own profile, enabling the collection money from other users for things like an upcoming birthday party or to raise money for charity, ClickandBuy says.

http://www.facebook.com/apps/application.php?id=363493097424