Rumor: Microsoft Points to be killed in favor of real currency, gift cards

These cards are about to be killed, finally, if a new report is true

Various forms of this rumor have been around for quite some time, dating back to early 2012 when we first heard that Microsoft would be retiring their Microsoft Points currency system in favor of real money. As of today that still hasn't happened, as the Xbox 360 still uses Points as the primary way to purchase games, downloadable content, videos and music, with real currency only reserved for app stores and the Windows 8 Xbox Music/Videos stores.

Now, according to The Verge who cite "sources familiar with Microsoft's Xbox plans", the company plans to fully transition away from the Microsoft Points system with the release of the next Xbox. The virtual currency will be completely killed off in favor of real money across all of Microsoft's stores, while gift cards similar to Apple's iTunes vouchers will be offered that will allow users to add real currency to their account to purchase DLC. As well as the gift card system, standard transactions through credit/debit cards will be supported.

The gift cards and currency stored in your account will work across a variety of Microsoft's marketplaces, if the report is true, including the Windows Store, Windows Phone Store and Xbox stores. Rumor has it that the launch will happen alongside the next Xbox later this year, while an announcement could happen as soon as E3 2013.

Source: The Verge

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33 Comments

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Ricardo Dawkins said,
I dont like this rumor. I detest banks and their CC. Do not do this, Microsoft. Better stockpile in points while I can.

Whut?
You will still be able to buy gift cards in store with cash.

Thank you!

Now hopefully my points I got stashed in my account (haven't used Xbox in a while ) will just get converted to cash too (I would imagine so anyways)

I got a survey asking what I thought about the gift card designs last month so I'm going to say this is probably true.

GreyWolf said,
I got a survey asking what I thought about the gift card designs last month so I'm going to say this is probably true.

I'll vouch for that. They're not bad looking at all. I don't remember if they asked about MS Points.

THolman said,

I'll vouch for that. They're not bad looking at all. I don't remember if they asked about MS Points.

They were all monetary values as far as I remember. I think the only feedback I suggested was there was too much blank space on the right side of the cards.

Thief000 said,
Agreed. The MSP system was just too confusing and too many were abusing it through cheap deals online.

I'm guilty but I refuse to pay $30 when I could pay $15 This system will definitely be better for the ecosystem as a whole. IT will also help peoples transition from Windows over to Windows Phone and the Next Xbox.

Thief000 said,
Agreed. The MSP system was just too confusing and too many were abusing it through cheap deals online.

Abusing it? If they sell the cards for less than face value then they have chosen to do that. How is it abuse? It was such a ****ty system, too. Most items are sold in multiples of 400 but the codes are sold in multiples of 500 on the xbox. Or at least they were, I haven't bought any MS points in 4-5 years.

Oh I wholeheartedly agree and like you and ingramator, I made use of those deals (I love getting 4200 for €34 for example).
But it doesn't delete the fact that etailers devaluated the market a little by doing so.