Microsoft launches Xbox Live credit card in Germany

Posted on Wednesday, August 03 2005 @ 22:31 CEST by Thomas De Maesschalck
The Inquirer writes Microsoft will launch an Xbox Live credit card for German teenagers of 14+. The reason for this is because in Germany the penetration rate for credit cards is pretty low compared to other parts of the Western world and as a consequence online retailing is slower in Germany than in other places.

Unhappy with this Microsoft has launched a pre-paid Xbox Live credit card for German teenagers of 14+, and it doesn’t have bad terms to boot - no yearly fees, two per cent interest on the prepaid balance and the card works like a normal Visa card.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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