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

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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

Comments

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

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gmlukensPosted:

I dont know how to feel about this

NirelandPosted:

I can still redeem codes? -_-

SwiftPosted:

I have not connected my Xbox to the internet in a few days.

How big is the update?

IlIuminatiPosted:

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

MethylaminePosted:

Will it basically be sort of like iTunes now? Like you can buy a card with "x" amount of money on it and redeem it?

ScofieldPosted:

So that is what this update is about. Mhh Thanks

SportingPosted:

So there's a dashboard update?

GossipPosted:

They should have waited until the Xbox One came out.

LosersPosted:

Now I can really see how much I spend and just stupid fake currency

VisionaryMGMTPosted:

Oh well. I don't see the point in having a fake currency, but I think they should've wait for Xbone to come out before they made the jump.