Steam 'Wallet' adds pre-pay options

Steam 'Wallet' adds pre-pay options

By Ben Parfitt

September 14th 2010 at 4:28PM

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

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.