PayPal for Xbox Live goes live

PayPal for Xbox Live goes live: "
Microsoft confirms money service compatibility coming to online market with upcoming update, which begins rolling out today.

Earlier this month it was rumored that e-commerce service PayPal would be the biggest addition to the Xbox 360's newest system update. Now, Microsoft has confirmed that speculation.

Microsoft has added a new way to pay for Oblivion's Horse Armor.

Microsoft's director of Xbox Live programming Larry 'Major Nelson' Hryb today made the announcement on his blog, saying that gamers will soon be able to make purchases on Xbox Live using their PayPal accounts. Previously, gamers could only pay for items on Xbox Live with a credit card or by redeeming Microsoft Points. PayPal is currently an accepted method of payment only on Xbox.com.

PayPal will not be available on Xbox Live in the following regions: Brazil, Chile, Colombia, the Czech Republic, Finland, Greece, Hungary, India, Japan, Russia, South Africa, South Korea, and Taiwan.

As for the new system update, Microsoft today started rolling it out globally, saying that it will take up to two weeks to reach all regions. Also included in the update is a new 'auto-standby' feature. Billed as a power consumption reduction method, the new feature (which can be toggled off) sets a console on standby if it is left idle for more than an hour.

Additionally, the update brings an updated Xbox 360 disc format, which was recently confirmed as not being the root of some disc-read errors.

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Xbox 360 Spring Update Reportedly Adds PayPal, New Disc Format Support Soon

Xbox 360 Spring Update Reportedly Adds PayPal, New Disc Format Support Soon: "

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Xbox 360 dashboard updates aren't quite the big event they used to be. The first details on the upcoming spring update have surfaced and it will not add the sort of major features we've seen in past updates. It will, however, be out before the end of the month and adds what's sure to be a useful new payment method for some users.

An alleged Microsoft employee has forwarded two images to Joystiq detailing the update's features, only one of which will be noticeable to users. Support for the new disc format (referred to as XGD3) that's been beta tested over the last month will be one of the two major features. The image confirms what the format reportedly adds: additional storage space and new safeguards against piracy. The new format will begin being used 'in future game titles releasing later in 2011.' The update will also allow users to use PayPal as a payment method on the Xbox Live Marketplace while also expanding PayPal 'to new international markets.'


These changes will be pushed out in six waves between May 19 and May 30. The reason for this method is 'to ensure a high quality deployment.' Previous updates were pushed out to all users at the same time.
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