"Unclear Timeframe for Steam and PayPal Separation: Valve Attributes Decision to Financial Matters"
In a recent development, PayPal has stopped supporting transactions in certain currencies on the Steam platform. This move has confined PayPal Steam payments to a select group of currencies: Euro (EUR), Canadian Dollar (CAD), British Pound (GBP), Japanese Yen (JPY), Australian Dollar (AUD), and United States Dollar (USD).
The exact reason behind this decision is not officially explained. However, it is speculated that complex banking agreements or financial regulation issues might be the culprit. Some speculation also ties these difficulties to other known payment controversies involving Steam, such as pressure from payment processors related to content policies on the platform. However, Valve's relative silence on this matter suggests that the PayPal problem may not be directly connected.
This change has significant impact, forcing millions of users, particularly in countries like Brazil, to rely on alternative payment methods or Steam Wallet codes. Prior restrictions on PayPal usage in places like Turkey and Russia amplify the global disruption.
Valve, the company behind Steam, is hopeful about restoring PayPal support for the affected currencies in the future, but the timeline is uncertain. In the meantime, users are advised to use other available payment methods during checkout. If no other payment methods are available, users can consider using a Steam Wallet code to add funds to their account.
To redeem Steam Wallet codes or gift cards, follow these steps: launch Steam, click your account name, view your wallet, and then redeem the code. Steam Wallet codes and Steam gift cards are sold globally and can be a savior for PC gamers.
It is important to note that PayPal's removal from certain currencies on Steam does not necessarily mean that those gamers can't buy games; other payment methods are still available. An alternative payment method for those dealing with currencies outside of the six cleared by PayPal is being considered by Steam.
This information is based on Valve’s official statements and reporting from multiple gaming news sources as of August 2025.
References
- Valve's Official Statement on PayPal Restrictions
- Gaming News Source 1's Report on PayPal Restrictions
- Gaming News Source 2's Report on PayPal Restrictions
- Gaming News Source 3's Report on Potential Connection to Content Policies
- SteamDB's Confirmation of the Change
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