PSP Losing PlayStation Store Access on March 31 in North America
On March 31, Sony will be closing the PlayStation Store on PlayStation Portable in North America.
As explained on PlayStation.com, you’ll still have access to your Download List on PSP and content can still be purchased from the online PlayStation Store:
Closure Of PlayStation Store On PSP
On March 31, 2016, the PlayStation Store for PlayStation Portable (PSP) system in the SCEA region will be closed. PSP system users will be able to purchase PSP content from the web-based PlayStation Store at store.playstation.com, and also access past purchases from the Download list on their PSP system. Users will continue to have the ability to make in-game purchases from their PSP system.
Select PSP games are also available for purchase on the PlayStation Store for PlayStation Vita system users.
Japanese PSPs will also lose access to the PlayStation Store on March 31.
European PSPs lost access to the PS Store back in September 2014.
[Source: PlayStation Support]