Microsoft Points will convert to local currency at 'equal or greater'

4.5
The Xbox ecosystem's conversion to local currency will be "equal or greater" than the existing Microsoft Point value currently banked on accounts.

"When the transition takes place, the balance of Microsoft Points in an account will be retired and the customer will be given an amount in local currency that is equal or greater in Marketplace value," a Microsoft spokesperson informed Joystiq. "That value will be stored in your account and can be used similar to Microsoft Points to make purchases in the Xbox Live Marketplace."

What that means in North America is that it will be 80 points (or less) to the dollar when the point exchange occurs. There is currently no official date for the conversion.

Posted:
Related Forum: Xbox Forum

Source: http://www.joystiq.com/2013/06/12/banked-microsoft-points-on-xbox-one-conversion/

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"Microsoft Points will convert to local currency at 'equal or greater'" :: Login/Create an Account :: 51 comments

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Michelangelo-Posted:

Good I guess..

Finisher5Posted:

So is this telling me to invest in MSP?

TaigaAisakaPosted:

wok
oHES I think its better to use money then msp, but the people that dont have bank details on xbox, might find it hard to purchase DLC?


they will most likely have a different option for adding money, eg cards in shops.


I'm hoping so, I was never too big with putting my card on my XBL account. MSP was just way easier for me.

slapshot101Posted:

The one good thing about the points were that to every country had the same virtual currency, so now we will have all different amounts of money.

ExoticWolfsPosted:

I did like the points, bu this is just as good. :)

AchePosted:

I like buying Microsoft points.

I don't like using my credit card on Xbox.

CrastifyPosted:

i never did like the point system

TomorrowLandPosted:

Great news if you ask me.

OrigamoPosted:

I happy we will have existing points converted.

liamcole123Posted:

GRAPHlCS
oHES I think its better to use money then msp, but the people that dont have bank details on xbox, might find it hard to purchase DLC?


they will most likely have a different option for adding money, eg cards in shops.


Yes, similar to how Steam have wallet cards you can buy and redeem, it doesn't add points but money on to the account!


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