Xbox Live drops Microsoft points for real currency with latest update
Welcome to the present Xbox Live. The latest update for Xbox Live does away with Microsoft Points as a way of buying things from the Xbox Marketplace and now allows you to use actual currency (if you have a US XBL account, it’s in US dollars).
For those with questions about the conversion and how the new currency system will work, the currency transition FAQ is now available.
source Joystiq
Tags: Microsoft, Microsoft Points, Xbox 360, Xbox Live