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yesterday

Valve Reveals PayPal Support Restricted to Six Currencies After Acquiring Bank Halt

The company is exploring additional payment solutions for affected countries without setting a firm timeline.

A look at Valve's Steam Deck, which kicked off the gaming handheld craze a few years ago.
POLAND - 2023/02/01: In this photo illustration, a Paypal logo is displayed on a smartphone with stock market pricing in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)
Steam Deck with PayPal logo crossed out
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Overview

  • Valve’s checkout notice states that PayPal’s acquiring bank halted processing for all currencies except EUR, CAD, GBP, JPY, AUD and USD.
  • Affected users are advised to use other payment methods or add funds via Steam Wallet codes during checkout.
  • Valve says it hopes to restore PayPal support for impacted regions in the future but has not provided a timeline.
  • Neither PayPal nor the regional acquiring banks have offered public explanations for the abrupt service change.
  • Other PC gaming storefronts accepting PayPal remain unaffected and no concrete link has been established between this issue and recent content-policy disputes.