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PlayStation Games Accounts is full account you can share with your friends one primary and one secondary

Note : Backwards compatibility means that games which are made for the PlayStation 4 (PS4) also work on the PlayStation 5 (PS5). With backwards compatibility on the PS5: You can play physical or digital PS4 games on the PS5. You can upgrade certain PS4 games to a next-gen PS5 version with 4K resolution and high framerate.