Xbox Live real-world currency rollout starts 'late 2013'

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Microsoft will begin the Xbox Live Marketplace's transition from Microsoft Points to real-world currencies in 'late 2013', the company has confirmed.

"Our goal is to make this transition as easy as possible for you," it said in an update issued today.

"After the next Xbox 360 system update, when you go to buy something or redeem a Microsoft Points card or code on your console with your Microsoft account, we'll add to your account an amount of currency equal to or greater than the Xbox Marketplace value of your Microsoft Points, which will be retired," it explained.

Those with MS Points Cards after the transition will still be able to redeem them via Xbox Live for "equal to or greater" sums of local currency, assured Microsoft.

The company has also confirmed plans to release new 'Xbox Gift Cards' available in your local currency through online retailers and in local retail stores.

The new Xbox dashboard update and its real-world currency has been in beta testing in recent weeks. Uproar was sparked when testers noticed the significantly diminished value of their MS Points when converted to real money, but Microsoft was quick to clarify that the inflated beta test prices were "an unintended error".

Posted:
Related Forum: Xbox Forum

Source: http://www.computerandvideogames.com/423705/xbox-live-real-world-currency-rollout-starts-late-2013/

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"Xbox Live real-world currency rollout starts 'late 2013'" :: Login/Create an Account :: 121 comments

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ZyphrPosted:

It's so much better this way. That way Microsoft can just charge your paypal/credit card for the exact amount the game/dlc or whatever costs.

LichPosted:

I liked msp :@(

aimiami12Posted:

The reason MSP were used is because other countries wouldve considered MS like a bank almost. (Source: http://www.youtube.com/watch?v=621l8Pm3Vwk)

I just hope they dont be Dbags and convert your MSP fairly.

GossipPosted:

VaniRebel
UFOs
Famous_Energy greater value! time to say these points up


it is an extra 3 dollars to change GT which kinda sucks


Lol I recently joined a clan and I am kind of a clan hopper. It sucks for me lol.


You shouldnt be in a clan if all you do is leave it.

EstablishPosted:

This'll be great for Canadians, as with the beta, MSP to dollar conversion is finally on par with the US's (80MSP to 1 dollar)

StagPosted:

UFOs
Famous_Energy greater value! time to say these points up


it is an extra 3 dollars to change GT which kinda sucks


Lol I recently joined a clan and I am kind of a clan hopper. It sucks for me lol.

BlerpPosted:

BPM Most pointless thing IMO. Microsoft Points were fine. Does the same job.


If you're in USA there good. But in Canada we only have 1400 MSP for $20 instead of 1600. So if they do it right like PS3 they will make it $20 card is worth $20.

W0LFPosted:

i have this at the moment in the beta

BPMPosted:

Most pointless thing IMO. Microsoft Points were fine. Does the same job.

FavismPosted:

i've been on the beta so i've already went throught he transition


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