Real currency Xbox Gift Cards to replace MS Point cards

[Dohc-WP]

The next Xbox 360 firmware update will push through Microsoft's switch from MS Points to local currency, the company announced earlier today. As a result, Microsoft will also be phasing out its current stable of MS Point gift cards in favor of "Xbox Gift Cards" that, as you might image, fulfill a similar role.

The switch from Point cards to Gift Cards is set to take place sometime late this year, although whether that is indicative of when the currency conversion firmware update is slated to hit remains to be seen. Existing MS Point cards and codes will continue to be honored "until further notice" – any redeemed after the switch will be converted to "an amount of local currency equal to or greater than the Marketplace value of those points."

Source: Official Site

[KofDelight]

Will the stock exchange have any effect on the MS currency?

[MetalSoup]

Will the stock exchange have any effect on the MS currency?

Not as much as the exchange rate, I would imagine.

[Ike_009]

Will the stock exchange have any effect on the MS currency?

This is a stock market, what your looking for is the For-ex market

[KofDelight]

This is a stock market, what your looking for is the For-ex market

Ooooooh thanks,I was confused.Well seems like the currency thing is quite a good idea.
Do you just log into Xbox live,select the game you want and insert your CC/DC details to make the purchase?

[bokka1]

Ooooooh thanks,I was confused.Well seems like the currency thing is quite a good idea.
Do you just log into Xbox live,select the game you want and insert your CC/DC details to make the purchase?

Yes, or you will be able to buy gift cards with pre-loaded amounts from the normal points retailers.

[steaksauce]

Ooooooh thanks,I was confused.Well seems like the currency thing is quite a good idea.
Do you just log into Xbox live,select the game you want and insert your CC/DC details to make the purchase?

Yup, it's that easy, or you could use pre-paid codes that will be replacing the points vouchers.

[KofDelight]

Since our currency is weak against the US dollar and Euro/Pound,won't we pay more for items ?

[Dohc-WP]

Since our currency is weak against the US dollar and Euro/Pound,won't we pay more for items ?

not exactly, with the xbox special last month i picked up forza horizon for R188 on my uk account and on the local xbox live system it was going for R149. also one month live gold was on promotion locally for R50 and on the uk account for 5 Pounds but a pound is about R15 give or take so it was roughly R25 more expensive to get live gold on my uk live account

[bokka1]

I am on the Beta Dashboard and games that are 1200 MS Points are now R159.00 on my dashboard.