Xbox Live real-world currency rollout starts 'late 2013'

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Microsoft will begin the Xbox Live Marketplace's transition from Microsoft Points to real-world currencies in 'late 2013', the company has confirmed.

"Our goal is to make this transition as easy as possible for you," it said in an update issued today.

"After the next Xbox 360 system update, when you go to buy something or redeem a Microsoft Points card or code on your console with your Microsoft account, we'll add to your account an amount of currency equal to or greater than the Xbox Marketplace value of your Microsoft Points, which will be retired," it explained.

Those with MS Points Cards after the transition will still be able to redeem them via Xbox Live for "equal to or greater" sums of local currency, assured Microsoft.

The company has also confirmed plans to release new 'Xbox Gift Cards' available in your local currency through online retailers and in local retail stores.

The new Xbox dashboard update and its real-world currency has been in beta testing in recent weeks. Uproar was sparked when testers noticed the significantly diminished value of their MS Points when converted to real money, but Microsoft was quick to clarify that the inflated beta test prices were "an unintended error".

Posted:
Related Forum: Xbox Forum

Source: http://www.computerandvideogames.com/423705/xbox-live-real-world-currency-rollout-starts-late-2013/

Comments

"Xbox Live real-world currency rollout starts 'late 2013'" :: Login/Create an Account :: 121 comments

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LoungePosted:

I like this idea

CHPPosted:

the cost is the same sooo... how is the beta?

-CPPosted:

UFOs
Zeff I already have this with the new Beta, It's pretty awesome.


not really ? gamer tag changes now cost more by the way.

the way it works out


It costs the exact same.

LWRPosted:

Aren't they highering the prices for eveything slightly? But i'd prefer it in currency.

GregPosted:

TurtleOrgans
UFOs
Zeff I already have this with the new Beta, It's pretty awesome.


not really ? gamer tag changes now cost more by the way.

the way it works out


Agreed, there will be no real change... people might notice more how much they are spending but that is it...

800 msp cost 10, you now have to use 10 bucks to change ur GT how is this different?

TurtleOrgansPosted:

UFOs
Zeff I already have this with the new Beta, It's pretty awesome.


not really ? gamer tag changes now cost more by the way.

the way it works out



800 msp cost 10, you now have to use 10 bucks to change ur GT how is this different?

Dr-JPosted:

No difference to me. I have the beta and its awesome

VeraPosted:

Zeff I already have this with the new Beta, It's pretty awesome.


not really ? gamer tag changes now cost more by the way.

the way it works out

WishPosted:

Using real currency is great, but it makes you realize just how much money you spend on games. I spent $2 on a skin pack in Black Ops 2, which makes it seem more wasteful than spending 160 Microsoft Points.

ZeffPosted:

I already have this with the new Beta, It's pretty awesome.