Microsoft finally switched from Microsoft Points to real currency
today. The switch is happening in all Xbox Live regions and will
automatically convert any existing balance or newly-entered Points card
into your local currency.
The Xbox Live Marketplace now lists all prices in local currency instead of points as well, and Microsoft reports on its official site
that all Points converted to currency will be valid until June 1, 2015
(but “the currency you purchase and add to your account after the
transition will not expire”).
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