Time is running out as the Games for Windows Live Marketplace is closing this month. This comes part and parcel with the decision from Microsoft to retire Microsoft points all together as it makes way for a real currency payment method. This change will have its greatest effect on PC users, as you may see some of your hard earned cash slip down the proverbial drain pipe.
Microsoft detailed why the change for PC players will be so important:
As part of the recent Xbox 360 system update, Microsoft Points will be retired and the Xbox.com PC Marketplace will be closed as of August 22, 2013, Microsoft explains. "We encourage you to spend your Microsoft Points balance prior to this change. Although you will not be able to purchase new games, you can continue to enjoy previously purchased content by downloading it through the Games for Windows Live client software as usual."
The transition from Microsoft Points to cash value will happen across the Xbox 360 as well as the PC, in time for the Xbox One launch. PC users must be aware that the marketplace will be removed for all PC users, and there will be nothing left to buy. So if you are currently using the Games for Windows Live Market Place, you better be sure that you use all your credit before the 22nd of August when the close of the PC marketplace takes place.
The change from Microsoft Points to currency value will happen in the following locations :
Xbox Live Users
Xbox Live users do not need to be as concerned as the change from Microsoft Points to local cash value will not close the marketplace itself, allowing for players continue buying games, themes, avatar items, and more via the new real currency system.
The conversion from the MS points system to the real currency system has led to a newly introduced exchange rate that is believed to be at 80ms points per US Dollar. All other countries are believed to fluctuate depending on the current value of the Dollar in relation to their local currency. This stands to reason that the South African Rand equivalent will be R10 for 80ms points, please note that this is yet to be confirmed but is rather a rough estimate of local pricing.
What do you think about the latest changes to the current Microsoft Points System?
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