Microsoft has announced that its will soon be closing their Games for Windows Live Marketplace later this week on August 22nd 2013. The move is part of Microsoft’s and Xbox’s move away from the Microsoft Points system that itself will be closing together with the Xbox.com PC Marketplace.
Microsoft explained in their announcement that :
“We encourage you to spend your Microsoft Points balance prior to this change,” writes the company. “Although you will not be able to purchase new games, you can continue to enjoy previously purchased content by downloading it through the Games for Windows Live client software as usual.”
“Microsoft Points will be retired as part of the next Xbox 360 system update. The next time you initiate a purchase or redeem a Microsoft Points card or code on your console with your Microsoft account, we’ll add an amount of currency equal to or greater than the Marketplace value of your Microsoft Points to your account. You can then use the currency in your Microsoft account to buy a variety of Xbox content from your favorite Xbox stores, and if you have a Windows Phone 8 device, content from the Windows Phone Store.”
If you are still left wondering what this will mean for you Microsoft has created a handy FAQ over on their Xbox Support website to answer questions you might have regards the closure.