epay to manage transactions between Microsoft and retailers for Xbox-related subscriptions

Tuesday 15 September 2020 13:12 CET | News

Euronet Worldwide has announced that its epay division has been selected to manage monthly recurring billing between Microsoft and select telecommunications retailers.

According to the press release, the partnership will facilitate the sales of Games Pass Ultimate and Xbox All Access subscriptions worldwide. Additionally, the two offerings will cover the following:

  • Xbox Game Pass Ultimate – includes Xbox Game Pass for Console, Xbox Game Pass for PC, Xbox Live Gold, and Microsoft’s recently announced Cloud Gaming that provides consumers access to more than 100 AAA console games streamable to their mobile Android devices in 22 markets for one low monthly price on a recurring monthly subscription basis.  

  • Xbox All Access – provides qualifying consumers with their choice of an Xbox One console and accessories plus a recurring monthly subscription to Xbox Game Pass Ultimate. The All Access subscription is billed to the consumer monthly with the cost of the console bundled with the gaming content. The consumer has no up front costs for the console at the point of purchase.

Furthermore, prior to the announcement, epay processed mobile top-ups and other transactions at telecommunications retailers worldwide and also managed the distribution of Xbox’s digital gaming content. Leveraging these connections and the open accessibility of Euronet’s REV Payments Cloud, epay now will provide processing and settlement services between the two parties for sales of Games Pass Ultimate and Xbox All Access in the mobile operator’s  physical and online stores.

Overall, the agreement enables epay to help Microsoft reach an exploding new cloud-based mobile gaming market. With rising smartphone usage and introduction of 5G networks, studies suggest mobile games will generate revenues of USD 77.2 billion in 2020 worldwide (growing 13.3% year on year). 

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Keywords: Euronet Worldwide, epay, recurring payments, billing, Microsoft, retailers, Games Pass Ultimate, Xbox All Access, subscriptions, mobile top-up, Euronet REV Payments Cloud
Categories: Payments & Commerce
Countries: World
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