Microsoft: Xbox 360 users will soon be able to gift money to friends

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Microsoft's Mike Ybarra tweeted yesterday that users on the Xbox 360 platform will soon be able to make monetary transfers to their friends.

"Full flow for gifting $ to friends via 360 will be turned on soon. Not yet!"— Mike Ybarra

An exact release date on the feature has not been announced, but Ybarra did state that the feature will be implemented soon. While this might be a fairly interesting feature, one has to wonder if this will come to the Xbox One or remain an Xbox 360 exclusive. Another thing to note is that Ybarra did make use of the "$" which could indicate that this might first roll out in the United States and only offer support for the US dollar.

The update is the first opportunity that gamers have to gift money between consoles, where previously users would have to purchase prepaid Xbox codes for a transfer to a friend. It has yet to be seen whether the money is contained within the Xbox ecosystem, or whether users can export it to their linked bank accounts.

Posted:
Related Forum: Xbox Forum

Source: http://www.neowin.net/news/microsoft-reveals-xbox-360-users-will-soon-be-able-to-gift-money-to-their-friends

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"Microsoft: Xbox 360 users will soon be able to gift money to friends" :: Login/Create an Account :: 78 comments

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Mario350Posted:

BlueIceRaw
Whom Don't know why they are doing this if Xbox 360 is getting shut down soon, I wouldent be surprised if Microsoft charge you to send the money to someone.

Still a sick feature though, seen a picture of it leaked a few months back.


Microsoft have said already that they are still making a lot of money off the Xbox 360 so i really doubt they would close it down until the console has gone completely dead or everyone has upgraded to next gen


is that why the original one got shut down even though they are making money off it they are still making money off the original one to so they are shutting the servers down soon give it 3 to 4years

StrokesPosted:

This feature would be cool, Could do more giveaways then!

BlueIceRawPosted:

Whom Don't know why they are doing this if Xbox 360 is getting shut down soon, I wouldent be surprised if Microsoft charge you to send the money to someone.

Still a sick feature though, seen a picture of it leaked a few months back.


Microsoft have said already that they are still making a lot of money off the Xbox 360 so i really doubt they would close it down until the console has gone completely dead or everyone has upgraded to next gen

108Posted:

NHS
F4VRE Why is the 360 still getting new features, I get a lot of people still on,y have old gen consoles but c'mon. You've lost the console war, out all your time and talent into making the One better..


Erm dont think so bud... bit wrong there
How am I wrong. Xbox One lost the "war" so it is time to focus on improving the Ove. The One is soon to be 3 years old the 360 is just a hinderance at this point.

AcroPosted:

to bad I don't use my 360 very often.

YuiPosted:

Where was this a while ago before I quit Xbox Live when my friends needed money...

RipPosted:

JoyfulMods
Whom Don't know why they are doing this if Xbox 360 is getting shut down soon, I wouldent be surprised if Microsoft charge you to send the money to someone.

Still a sick feature though, seen a picture of it leaked a few months back.


Seems pretty cool , and I don't want the 360 to shut down. :=(


Xbox 36o wont get taken down for 2 years or so. I don't see how Xbox would do that.

Joyful-Posted:

Whom Don't know why they are doing this if Xbox 360 is getting shut down soon, I wouldent be surprised if Microsoft charge you to send the money to someone.

Still a sick feature though, seen a picture of it leaked a few months back.


Seems pretty cool , and I don't want the 360 to shut down. :=(

LiaPosted:

There are positives and negatives for this but i believe it would be a good idea.

DanielPosted:

Don't know why they are doing this if Xbox 360 is getting shut down soon, I wouldent be surprised if Microsoft charge you to send the money to someone.

Still a sick feature though, seen a picture of it leaked a few months back.


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