Battle.net Balance
The Battle.net Balance, AKA Bobby Bucks, was revealed in December 2011[1], and then implemented on February 6, 2012[2]. This is Blizzard's term for the real currency balance tied to your Battle.net account. This money is used for purchasing items via the Diablo III Real Money Auction House, and can also be spent on other products from the Blizzard Store, including games, merchandise, and World of Warcraft fees.
The introduction of real money currency trading in Diablo III was a very contentious issue. While this article covers only the Battle.net Balance, you can find full details about the controversy in the Real Money Trading article.
Contents
Official AnnouncementEdit
Blizzard revealed this term and much of the explanation behind it in mid-December, 2011.[1]
Soon, we’ll be introducing a new feature called Battle.net Balance that will give players an alternate way to purchase Blizzard products and services directly through their Battle.net account. Players will be able to “charge up” their Battle.net Balance using a variety of payment methods, and then use their Battle.net Balance to buy services like World of Warcraft character transfers, digital products like pets and mounts, and more. Players will also be able to use their Battle.net Account Balance to buy items and store their earnings from Diablo III’s currency-based auction house once the game is released.
Paying in and Cashing OutEdit
Players can add to their Battle.net Balance with credit cards or other online payment methods, depending on the region. The main purpose of such a balance is to buy items in the Diablo III Real Money Auction House. In some regions players will be able to pay for items directly with their credit cards or PayPal, without having to first transfer the money into their Battle.net Balance.
You can never directly withdraw money, though. All sales send the funds into your Battle.net Balance, which you can then withdraw from, in most, but not all, regions. Cashing out is not an option in all regions; some countries have laws regulating this (as the saga of the Korean Game Rating Board demonstrated[3]).
In areas that allow cashing out, players can use PayPal to withdraw funds from their account, though PayPal charges their usual money transfer fee for this service. In regions that do not allow the cash out, players can only spend their Battle.net Balance on other products from the Blizzard online store. The balance is non-transferable in all areas, and Blizzard may delete your balance if an account has not been accessed in over three years.
Tax dues on money withdrawn is a matter for the player to settle as clarified by Blizzard when asked by @Ryallcowling "do I need to pay any tax on my monthly paypal earnings from the sale of in game items? Any other options than paypal?[4]
...that's between you and the IRS? PayPal is what we're focusing on for NA and some other regions.
See the Battle.net Balance FAQ for more details. Many specifics have not yet been revealed, and with terms varying so much in different regions, it will be essential to check Blizzard's info for your country, once that information is finalized.
Not AvailableEdit
The console versions of Diablo 3 can not be purchased with the Battle.net Balance.
ReferencesEdit
- ↑ 1.0 1.1 Battlenet Balance Revealed - Blizzard, 9/12/2011
- ↑ Battlenet Balance Goes Live - Blizzard, 6/2/2012
- ↑ RMAH Approved in Korea - Gameranx, 13/1/2012
- ↑ Taxable Income - Blizzard Tweet, 6/2/2012