It's Official, Steam Now Accepts Bitcoin as a Payment Method

Later on the rumors, information technology's now official: Valve and Bitpay have partnered to bring Bitcoin equally a payment method to Steam.

Manager of Business Development, Northward America and APAC, Rory Desmond, announced it on the official website.

Today we're announcing a new payment integration with software and gaming giant Valve which volition bring bitcoin payments to Steam gamers worldwide.

Founded in 1996, Valve'due south Steam platform is used by more than 89 meg gamers. Steam reaches 237 countries, and its more than nine,000 different games include popular titles like Counter-Strike: Global Offensive, Civilisation Five, XCOM ii, and Fallout 4. Many of the laurels-winning titles were produced in-house at Valve, including Left 4 Expressionless, Half-Life, and Portal.

Valve reached out to us considering they were looking for a fast, international payment method for Steam users in emerging gaming markets in countries similar India, China, and Brazil. While more users are coming online in in these countries, traditional payment options like credit cards ofttimes aren't available. As the cyberspace's universal currency, Bitcoin will allow Steam to easily reach gamers in every market around the world – without the high fees or the risk of chargeback fraud that come with card payments.

Whether they're hardcore gamers or first-time players, Steam's players deserve a faster, safer payment method. With Steam's bitcoin integration, customers will be able to use any bitcoin wallet to scan, pay, and get dorsum to gaming in seconds without having to provide sensitive financial information.

Bitcoin has a bright future in gaming. Nosotros look frontward to partnering with more than gaming platforms to make bitcoin the most pop payment method for the world's gamers.

Gear up to get started? Get purchase yourself a game with bitcoin.

The last part is particularly interesting. It sounds like nosotros tin can expect Bitcoin equally a payment method for PlayStation and/or Xbox stores, too. We'll proceed you lot posted in case any of this happens, of course; in the meantime, how do yous feel near Steam adopting the digital currency? Permit us know below.