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February 5, 2013 07:13 pm GMT

Amazon Launches Amazon Coins In Its First Move Into Virtual Currency, Targets Apps And Games On Kindle Fire

Screen Shot 2013-02-05 at 9.14.37 AMAmazon has just announced a new virtual currency for Kindle Fire owners to use on in-app purchases, app purchases, etc. in the Amazon Appstore. The service will launch in May, at which point Amazon will be giving away tens of millions of dollars worth of Amazon coins to customers. Users then have the choice of paying for apps or in-app purchases with their credit cards or with Amazon coins.

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