[UPDATE] Xbox 360 is sticking with the MS Points. Sorry money IRL
UPDATE: We might have jumped the gun on this story a little. While I can only imagine Microsoft’s logic, it seems that The Verge’s discovery of Windows 8 supporting credit transactions will not be shared by its older brother, the Xbox 360. A Microsoft Spokesperson had this to say; "Microsoft Points continue to be the currency for purchasing content for the Xbox 360 console". LAME.
As spotted in a build of the Windows 8 beta, it looks like Microsoft will be moving away from their fictional currency, Microsoft Points. The offset exchange rate (100 points = $1.25) has been a tricky proposition for years now and it seems with the next Xbox Dashboard update that might be a thing of the past.
The Verge has discovered that in the Windows 8 payment system for the latest build, users are able to pay using either currency, but the store defaults to credit card. With the Windows 8 update becoming official later this month, it shouldn’t be long before the change also comes to Xbox 360. Who’s excited?