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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108Posted:

playerriku245
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..


the main reason ps4 beat xbox in sales is the price difference at launch xone has alot of features that the ps4 needs

True but so far my extra $100 has gone to very little. Preview is nice but there's not much my 360 can't do.

MuskPosted:

this will be a great feature

154Posted:

A shit ton of scams is gonna happen, and glitches will be insane.

FeetPosted:

I see alot of scams coming from hope Xbox can keep it safe

playerriku245Posted:

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..


the main reason ps4 beat xbox in sales is the price difference at launch xone has alot of features that the ps4 needs

DeluxeHazardPosted:

I can already picture kids losing their accounts for recovery purposes and losing their money from it being transferred over to another account.

108Posted:

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..

JxssePosted:

Hopefully it comes out on the Xbox one someday!

UnfortunatePosted:

Long over need.

Thank you god, they're doing it.

Zach_FarlowPosted:

UMM i dont know where your getting your info but it already exists ive done this like 6 or 7 times already.
Heres the link: https://commerce.microsoft.com/gifting?CR_CC=200668221&OCID=MSA_DIS_AccountLogin_BacktoSchool#state=chooseTemplate

But also i could be wrong but i use this and it is instant.


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