Microsoft to discontinue its virtual currency system Microsoft Points

Microsoft’s proprietary virtual currency system, Microsoft Points, will be phased out by the end of the year, according to a source with knowledge of the company’s decision. The change will affect developers for Windows Phone, the Zune marketplace and Xbox Live.

By the end of 2012, all transactions will be based on the region set on the purchasing account and real money will be used to purchase all Windows Phone content. The move puts the Windows Phone Marketplace in line with the purchasing practices used in the App Store and the Android Market.

When asked Microsoft declined to provide further information, with a Microsoft spokesperson responding with “we do not comment on rumours or speculation.”

Mobile developers that have publishing agreements with Microsoft are being warned to plan their upcoming downloadable content (DLC) and in-app purchases in accordance with the change. Customers with existing Microsoft Points balances will have them converted into their local currency after the switch.

Source: Inside Mobile

 

Leave a Reply

Related posts

New Xbox Features in Preview on Windows 10 and Xbox One

New Xbox Features in Preview on Windows 10 and Xbox One

Earlier this month, we made some big announcements at E3 about bringing two highly-anticipated features to Xbox One preview program members—Xbox One Backward Compatibility and game streaming from your Xbox One to a Windows 10 PC. Today, we’re sharing even more new Xbox on Windows 10 features...

Apple Releases iOS 8.4 With Apple Music, Beats 1, and Revamped Music App

Apple Releases iOS 8.4 With Apple Music, Beats 1, and Revamped Music App

Apple today released iOS 8.4, the fourth major update to iOS 8. First seeded to developers in April, iOS 8.4 includes a newly revamped Music app and Apple's long-awaited on-demand streaming music service, Apple Music. iOS 8.4 is available immediately as an over-the-air download, and the new...

PlayStation Plus is 5 today!

PlayStation Plus is 5 today!

Today marks the 5th anniversary of PlayStation Plus and we’d like to thank all of you for being part of five fantastic years. PS Plus has provided SCEE members with over 350 games since its launch on 29th June 2010 and continues to offer hand-picked titles for PlayStation 4, PlayStation 3...