Canadians Paying More Than They Should for PSN and Xbox Live Games
Those crazy currency exchange rates. You don’t know where they’re going to go next. At least, that’s in part what Sony and Microsoft are banking on when it comes to the Canadians.
As anyone in the United States and Canada who has purchased a book knows, things seem to cost more in Canada. Traditionally, for the most part, this has been because their currency has been weaker than the U.S. dollar. Right now, on the other hand, it’s the other way around. Point in fact, the Canadian dollar is pretty strong.
The other reasons are also attributed to distribution, and so when you buy things like video games in stores up there, Canadians are used to paying more. But stores online, on the other hand, rely on credit card companies to handle the exchange rate for customers so that there is the most immediate rate available. Microsoft and Sony’s online console stores, on the other hand, have a set price.
What does this mean in terms of Xbox Live and PlayStation Network charging more for their downloadable software in Canada than here in the U.S.? They’re overcharging their customers.
Ars Technica made a really neat chart for comparison which I’m going to rip off and stick below:
One might think that at some point in time, the Canadian consumers would start to get bothered by this not-so-small difference in price and say something. I know I would.
via Ars Technica