Xbox 360’s Live Service Will Cost $49.99

Microsoft today announced that the next generation of online multiplayer gaming service Xbox Live for the upcoming Xbox 360. In addition to the free Xbox Live Silver membership available to every Xbox 360 owner, for only $49.99 gamers can amplify their gaming experience with a 12-month Xbox Live Gold membership. This will probably be the same amount in Europe although it is not confirmed.

Microsoft also today announced that credit cards will no longer be required to create an account on Xbox Live for Xbox 360, removing one of the biggest barriers to entry. Gamers can purchase 12-month Xbox Live subscription cards via cash or other payment methods at any participating retail store. Subscriptions will also be available for purchase by credit card in one-month, three-month, and 12-month increments through the Xbox Live Dashboard.