Nearly a year ago
, we caught wind of Microsoft
phasing out its Points system for Windows 8
and speculated that the same could be coming for Xbox 360; we were right to assume the latter, because today Microsoft made it official.
“As part of the recent Xbox 360
system update, Microsoft Points will be retired and the Xbox.com PC Marketplace will be closed as of August 22, 2013,” reads a post on Xbox.com. “We encourage you to spend your Microsoft Points balance prior to this change.” The post also stated that although users would not be able to buy new games, they would still have access to content they’ve previously purchased by downloading it via the Games for Windows Live client.
Not for long
Some games will still have downloadable content and the ability to purchase items in-game, but none of the Microsoft-published GFWL titles will be available--anywhere. As part of the big changes, users who have a balance of points can trade them in for currency in an amount “equal or greater than” their value.