Facebook launches Facebook Gift Card

Facebook’s newest e-commerce idea: A gift card users can buy for each other that can be spent at retailers and restaurants including Target, Jamba Juice and Olive Garden.

Facebook Inc. said Thursday that the reusable card will be available to U.S. users gradually. To send gifts and gift cards, users can click on the “gifts” icon on their friends’ Facebook pages or alongside birthday notifications.

“Your card can hold multiple gift balances, and each balance is dedicated to the retailer associated with the gift. For example, you might have gift balances of $100 at Sephora, $75 at Target, $50 at Olive Garden, and $8.25 at Jamba Juice.”

The gift card will automatically reload when another friend buys the cardholder a gift amount.

What is Facebook Credits Gift Card?

Facebook Credits Gift Card is a pre-paid card that you can use to buy virtual goods in any games or apps on the Facebook platform that accept payments. This item is available for sale at many fine retailers throughtout the United States, Europe and Asia. Please click here for additional information about the Facebook Credits Gift Card.

What is Facebook Card?

Facebook Card is a reusable Facebook-branded plastic card that you receieve in the mail when a friend sends you a gift balance to be used at a real-word store or resturant. Please click here for additional information on Facebook Card.

The release comes the day after Facebook reported its earnings for the 2012 fourth quarter. The social network reported a higher profit than expected. In the fourth quarter, Facebook revenue grew by 40 percent, raking in $1.59 billion. Wall Street had expected $1.53 billion in revenue.