Microsoft will replace the Microsoft Points virtual currency system it primarily uses with the Xbox 360 in favor of regular cash and a new gift card scheme, according to a recent report.
Citing “sources familiar with Microsoft\’s Xbox plans,” The Verge says Microsoft will soon offer new gift cards that will let future Xbox consumers use actual money to download content. The system is said to work in the Windows Store and Windows Phone Store as well.
The report says that the gift card setup will be similar to what Apple does with its iTunes vouchers, and claims that standard credit card and debit card transactions will also be supported. Microsoft is expected to announce the system around E3, according to the report.
TechnologyGuide has reached out to Microsoft for comment on the rumor and will update this post if it hears back.
The Microsoft Points system — in which users have to convert actual cash into virtual cash before buying content — has long been derided by Xbox owners as a needlessly complicated way of completing transactions. This switch away from virtual currency has been rumored a handful of times before, so take the report with a grain of salt, but with the next Xbox just around the corner it wouldn’t be surprising to see Microsoft streamline its payments setup. Microsoft is set to unveil the new console next week, so an announcement may be on its way shortly.
Source: The Verge