New service allows users to upload funds that can then be used for purchases at a later date

Steam ‘Wallet’ adds pre-pay options

A new payment option has been quietly rolled out onto Valve’s digital distribution portal Steam that allows users to pay money into their accounts to be used at a later date.

Funds can be added in £4, £8, £18, £35 and £70 increments and can be spent against any item on the Steam store.

Known as Steam Wallet, the new model is similar to that seen on Sony’s PlayStation Network, where at the point of purchase users can choose to either deduct the exact value of the purchase from their account or instead pay a larger amount into their wallet.

Valve’s move, which so far comes with no explanation, could be a path toward the introduction of pre-paid gift cards for sale on the High Street.

About MCV Staff

Check Also

NOAM [Industry news] Fateless Games hires Raid: Shadow Legends veteran

[Industry news] Fateless Games hires Raid: Shadow Legends veteran

Fateless has announced the appointment of Noam Sagie as Chief Marketing Officer (CMO), strengthening the studio’s leadership team as it prepares for the launch of its highly anticipated fantasy RPG, Godforge.