According to a new report posted on The Verge, Microsoft is killing off the Microsoft Points system for cash and gift cards. The Points system has been used mainly for the Zune originally but more recently for the Xbox console, but the new gift cards will work across various marketplaces including the Windows Store, Windows Phone Store and Xbox.
According to The Verge, the shift from a virtual currency to physical cash has been a “long time coming”. The move, which is similar to Apple’s iTunes vouchers, will allow users to use real currency to download content. Cash transactions via a credit or a debit card will also be supported.
Microsoft is planning to unveil the giftcards around the time of E3 next month with a launch later this year, possibly alongside the new Xbox console.