Microsoft Intros PayPal for Xbox 360
Source: Tom's Guide US | Keywords: Microsoft, PayPal, Xbox, Live, XBL | Themes: Digital Entertainment
Don't feel like giving your credit card information to Microsoft? No problem!
Good news for Xbox Live subscribers today as Microsoft announces that you can now use your PayPal account in the XBL Marketplace instead of associating your credit card details with your Xbox Live account.
If you don't have a PayPal account yet, you're going to need one (obviously). Once you're all set up there, sign into Xbox.com and head on over to the account summary page. From there choose “Manage Payment Options” (from the left navigation menu) then click “Add a new PayPal Account.”
Microsoft's Major Nelson is quick to point out a couple of things when it comes to PayPal-ing your way to the XBL Marketplace. First and foremost is that PayPal is currently only supported for Xbox Live users in the U.S. Second, PayPal can only be used to purchase Microsoft Points on Xbox.com and third, PayPal accounts are not available for purchasing Microsoft Points on the Xbox 360 console.
Check out Major Nelson's original post here.
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I guess Microsoft has to support Paypal to make Apple's "innovative" paypal alternative fail. And Apple claims Paypal is just a rip off.
I trust PayPal less than Microsoft. And why is PayPal needed? Isn't that why we have banks? PayPal is just one more place for my financial information to be exploited, hacked and misused.
I don't trust sites that don't have paypal as a payment option. That way all my info stays with paypal and the retailer doesn't get access to my credit card information.
So to me this is a good thing. Yet another temptation for me to get a 360, but right now my pc is just fine.
wow....my pc has had paypal for years though....and can be upgraded.....and plays games better.....
... And why is PayPal needed? Isn't that why we have banks? ...
Wow. .. And in MY days, I used to walk 5 miles in knee-deep snow to school ...
Ever heard of "e-commerce" Grandpa?
WOW! This sucks. I was expecting at least to be able to pay for a gold subscription with paypal.
As it stands today, I just buy redeem codes. C'mon MS, how hard is it really to let us remove our credit cards from our accounts!?
BAH!
I hate paypal.
I trust MS more than I trust Paypal
paypal is a scourge... a plague worse than social networking sites and herpes... those that praise paypal must have never done much with them or ever dealt with them and ebay... there is no torture in hell worthy of wot paypal truly deserves...
there's hasn't been a high profile exploitation of their services recently in the news but that doesn't mean it's still not going on. all i have to say is if they loose some of your money or charge you too much for a tranfer or purchase, just write it off. calling them for support is futile...
Honestly, I trust a giant mega-corporation like Microsoft with my information than Pay-Pal. There's a reason the company's so big - they're smart. They realize that if XBL information got leaked it would lead to millions paid out to hundreds of thousands of people through a hell of a class-action suit. With all its money, resources, and computing experience in general, if you can't trust MS to keep your info safe, you can't really trust anything.
I don't like paypal. Besides, giving credit card info to big companies is most likely ok and they don't charge an extra service charge like paypal.
You can't delete credit cards from Xbox accounts, why would anyone risk attaching their whole bank to Xbox when all someone has to do is steal your little harddrive
I only use PayPal for eBay and small-time organizations that don't have (and don't really need) their own merchant accounts. Otherwise I just give the merchant my credit card. The credit card company let's me cancel any unauthorized purchases, and it's just virtual money (credits) so I don't worry about it. On the other hand, if my PayPal account login is hacked, there goes the money in my checking account that's tied to it until I get PayPal to refund it.
You can't delete credit cards from Xbox accounts, why would anyone risk attaching their whole bank to Xbox when all someone has to do is steal your little harddrive
Yes you can I do it all the time. I buy microsoft points through the xbox and then delete my credit card from the account so it is no longer attached to my account.
Ugh, so you just type in your paypal password instead of your creditcard number... how is this more secure? maybe you get an extra level of protection thru paypal....
oh, and you can change credit card without having to remember the new number! thats kinda cool i guess..
Enough with the ms points. I am sick of having to buy 15 bucks worth of points to pay for a 10 dollar game.
Just another reason for hackers to gain control of paypal accounts and abuse them... GO AWAY PAYPAL!!!!