I wish Microsoft had done this sooner. I still have 10 points on my account that I'll never use. I hope this rumor proves to be true.
RUMOR: Microsoft Discontinuing Microsoft Points?
Rumor has it that the virtual currency system will be abandoned by year's end.
According to a source within the company, Microsoft's virtual currency system, Microsoft Points, will be phased out by the end of 2012. This will be implemented for Windows Phone, the Zune Marketplace and, of course, Xbox Live. At the end of 2012, all transactions will be based on each region's respective currency.
Inside Mobile Apps asked Microsoft for further information but a spokesperson responded with “we do not comment on rumours or speculation.”
The rumor continues to say that customers with existing Microsoft Points balances will have them converted into their local currency after the switch has been made. Right now, the point system isn't fully utilized across all platforms as you can buy games on the 360 and apps on Windows Phone with real money.
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