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Microsoft Points Transition to Real Currency

By - Source: Tom's Hardware US | B 4 comments
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Microsoft Points have now been swapped over for real currency.

Microsoft's finally made the transition on Xbox Live from Microsoft Points to real currency. This transition bodes both good and bad news for gamers. 

The good news is that the transition to real currency eliminates any confusion that may stem from conversion between Microsoft Points and real currency. Unfortunately, the switch also means that purchases made with real currency will be charged local sales tax. 

For now, any points balance left in Xbox Live accounts will remain valid (and tax free for purchases) until June 1, 2015. Points cards will still be redeemable and be converted into real cash. Points cards will be phased out at retail and replaced with Xbox Gift Cards at the end of this year. 

For more information about the changeover, Microsoft's put up a handy-dandy FAQ on the Xbox Live support page.

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  • 2 Hide
    CKKwan , August 26, 2013 9:32 PM
    Oh dear, I can't find any games can be purchased using MSP now. Can we convert the existing points to cash as well?
  • 0 Hide
    Immaculate , August 27, 2013 12:57 PM
    Local sales tax? How does that happen when PSN, Steam, Origin, Uplay have never charged me tax? M$ gave me another reason to never buy any of their consoles.
  • 0 Hide
    Neog2 , August 27, 2013 2:01 PM
    Immaculate I think it has something to do with Microsoft having actual stores in states.
  • Display all 4 comments.
  • 0 Hide
    capt_taco , August 27, 2013 4:59 PM
    I thought you could only be charged sales tax for tangible goods. Digital downloads have always been explicitly exempt from that. Basically, WTF?
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