Xbox Live Update Replaces Microsoft Points with Local Currency

Xbox Live Update Replaces Microsoft Points with Local Currency(Ping! Zine Web Tech Magazine) – Microsoft on Monday announced the arrival of the latest Xbox Live Update for 360, something that notably allows users to carry out content transactions using local currency in place of Microsoft points.

“As part of the recent Xbox 360 system update, Microsoft Points are being retired, and transactions on Xbox 360 are taking place using your local currency* instead of Microsoft Points, offering you a new, convenient way to purchase exciting Xbox content,” explained the company via a FAQ posted on Xbox Support.

The update was set to hit Xbox Live account automatically as users logged in. Meanwhile, the company noted it’d replace users’ current Microsoft points with a currency amount either equal to or larger than their current Xbox Marketplace value.

Xbox Live has been receiving a lot more attention since Microsoft announced its “Games With Gold” initiative during the E3 convention in June. Currently, Xbox Live Gold users can download games including Dead Rising 2 and Dead Rising 2: Case Zero until August 31st.

Microsoft has been busy gearing up for the release of its Xbox One console this November.