It's finally time to say good riddance to Microsoft Points, the virtual currency that was tied to the company's Xbox 360 game console.
Microsoft announced the end of Microsoft Points last month, and is now making the switch to local currency. The changeover is part of an Xbox Live update that's rolling out now.
For users who still have Microsoft Points left over on their accounts, these points will convert to local currency the next time you make a purchase on an Xbox 360 console. Just one word of caution: this converted currency will expire on June 1, 2015. There's no expiration on currency you purchase after the transition.
Microsoft also plans to launch local currency Xbox Gift Cards toward the end of the year. In the meantime, retailers will keep selling gift cards with Microsoft Points; they'll simply convert to local currency when you redeem the cards on your console. Microsoft says it has no plans to stop accepting previously purchased cards or codes.
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