With Bitcoin becoming increasingly popular payment method in various countries, it’s not a surprise that the biggest digital distribution platform and home for most PC gamers, Steam soon will be accepting this interesting method of payment.
First reported by PCGamesN their report stated that Steam is using “external payment provider” to process Bitcoin as an additional method of paying for games, DLCs and apps.
Valve wrote that ““Bitcoin is becoming an increasingly popular online payment method in some countries, and we’re enabling a system that insulates partners from risk and volatility while still providing value to the end customer,”, reasoning this bold move, which will eventually allow game developers to sell their games to more people by adding one extra currency.
The report continued, explaining how it works: “So the user pays [the amount] in Bitcoin, and the [payment provider] pays [Valve] in traditional currency. At no time does Valve receive or hold Bitcoin,” making life easier for both developers, publishers and distributor (Valve).
It’s not clear when this Bitcoin method of payment going to be implemented to Steam, yet knowing that all game developers across vast Steam gaming lands already been warned about this acceptable change, it shouldn’t be too long.