Microsoft Plans (Virtual) Payments Shift – Report

What's Next In Payments®
3:38 PM EDT January 24th, 2012

Microsoft may be looking to phase out its current virtual currency, known as “Microsoft Points”, in favor of real-world money, according to a report by InsideMobileApps.com.

Related: Virtual Currency Equals Love

This shift would affect developers for three specific products: Xbox, Windows Phone and the Zune marketplace.

Customers who still possess Microsoft Points after the switch will have them converted into the local currency.

When questioned about this development, a Microsoft spokesperson declined to provide any additional information, stating: “we do not comment on rumors or speculation.”

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