Microsoft Points are gone – Xbox Live now deals in real currency only

4.6
Latest Xbox 360 system update replaces your Microsoft Points with cash equivalent

The planned retirement of Microsoft Points has been rolled out with the latest Xbox 360 system update, which is ready to be applied the next time you take your console online. Once the update has been installed, the ability to use Microsoft Points as a payment method are removed from Xbox Live and replaced with local currency prices on all digital purchases. Finally, any Microsoft Points you have are magically transformed into real money denominations.

The following message is displayed the next time you choose to buy something from Xbox Live:

The Xbox stores are now priced in your local currency instead of Microsoft Points.

Your account and everything sold in the Xbox stores will now use your local currency. We’re putting [local currency cash equivalent] in your Microsoft account.

Posted:
Related Forum: Xbox Forum

Source: http://www.n3rdabl3.co.uk/wp-content/uploads/2013/08/IMG_20130810_115022.jpg

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"Microsoft Points are gone – Xbox Live now deals in real currency only" :: Login/Create an Account :: 110 comments

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AstraeusPosted:

100 MSP now equals 1 dollar 74

WWEPosted:

Well there goes all those little kids trying to scam people for Microsoft Points ;p

slapshot101Posted:

Asif I'm not gonna lie, I prefer the MSP system better but I guess I'm okay with real currency now. I'm just glad they were straight up about it and converted all old MSP on accounts to real currency. Knowing microsoft, they may have probably given some consolation for the old MSP. The fact that codes are still redeemable are a great feature too, saves the company from getting tons of hate.
I agree, I liked the MSP way better and if they just made everything worth MSP it would have been better, because some games cost real currency while things like DLC or arcade games was made with MSP. Does anyone know if our point cards will still work, like can we still redeem a MSP code even after this dashboard update?

AsifPosted:

I'm not gonna lie, I prefer the MSP system better but I guess I'm okay with real currency now. I'm just glad they were straight up about it and converted all old MSP on accounts to real currency. Knowing microsoft, they may have probably given some consolation for the old MSP. The fact that codes are still redeemable are a great feature too, saves the company from getting tons of hate.

VEVOPosted:

ODST What happens to cards that are still in stores? MSP cards?


They'll continue to be redeemable but it will be converted from MSP to currency. There is no fee or conversion rates so you'll get what you paid for no matter what.

AstraeusPosted:

my update only took about 5 mins

DarnedNutPosted:

var Im happy I was in beta so I didnt have to update today


same here, I was in beta and I don't have to update

BelialPosted:

THCv3 Another way for them to take our money.

If anything, the old way gave them more money. Instead of paying 5 bucks on a theme or item, you can just pay the actual price like $1.99. Explain how this is another way to take the money? It costs you less.

-Dylan_Posted:

To answer questions, you can redeem Point Codes for a few months, then the cards will be cycled out to thing like PSN cards.

ODSTPosted:

What happens to cards that are still in stores? MSP cards?


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