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/

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

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WoobiePosted:

Good, it's about time they make the change.

TaigaAisakaPosted:

_Bale I don't see why they have to change it, there's nothing wrong with it as it is.


They claim it's easier to keep track of how much you have spent on items when using money instead of MSP, now I don't know if that's the whole reason they're switching but that's what was stated when they first announced it.

_BalePosted:

I don't see why they have to change it, there's nothing wrong with it as it is.

BasedCooodyPosted:

Great I dont like microsoft points anyways

SlyestcatPosted:

I dislike this new update because now they are taxing purchases from the market.

LWRPosted:

-LOST- It's going to roll out with the fall dashboard update.


Do you know the official date bro?

oohPosted:

-LOST- It's going to roll out with the fall dashboard update.


That was already stated.

MonokumaPosted:

it's good that's it coming out soon because it annoys me when I switch xbox I apparently have no credit

LostPosted:

It's going to roll out with the fall dashboard update.

LWRPosted:

It's bas us in EU have to pay more but.. I think you can track currency better than MSP.

They are making XBL Rewards much better aswell!


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