Pre-Load Cash Into Your Steam Account With The Steam Wallet

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Posted by BradNicholson (812 posts) -

Chances are you didn't see the newest feature of Steam, the Steam Wallet, coming, but it's available now if you'd like to use it. The feature, which is in beta, allows you to pre-load cash into your account, much like how you can drop credits into your Xbox Live Marketplace or PSN "wallets." The weird thing about Steam Wallet is that it's pointless. As of now, you can still give Valve exact change for games. There's no need to funnel your funds into it.

But how much money can you drop into your account? According to the Steam Wallet page, you can pre-load $5, $25, $50, or even up to $100 dollars into Steam. The money can then, of course, be used to purchase any game or within a game that supports Steam transactions. 
 


It's not hard to reason out why the Steam Wallet might exist. Younger users without access to credit or bank cards need a way to purchase content, and if stores were to offer Steam Wallet cards with these increments in the future? Well, that'd take care of the problem, wouldn't it? Also, a pre-piad card would finally make brick and mortar Steam gifting a reality. But just to be clear, though: as of right now, Steam Wallet cards do not exist and no plans have been announced.
#1 Posted by BradNicholson (812 posts) -

Chances are you didn't see the newest feature of Steam, the Steam Wallet, coming, but it's available now if you'd like to use it. The feature, which is in beta, allows you to pre-load cash into your account, much like how you can drop credits into your Xbox Live Marketplace or PSN "wallets." The weird thing about Steam Wallet is that it's pointless. As of now, you can still give Valve exact change for games. There's no need to funnel your funds into it.

But how much money can you drop into your account? According to the Steam Wallet page, you can pre-load $5, $25, $50, or even up to $100 dollars into Steam. The money can then, of course, be used to purchase any game or within a game that supports Steam transactions. 
 


It's not hard to reason out why the Steam Wallet might exist. Younger users without access to credit or bank cards need a way to purchase content, and if stores were to offer Steam Wallet cards with these increments in the future? Well, that'd take care of the problem, wouldn't it? Also, a pre-piad card would finally make brick and mortar Steam gifting a reality. But just to be clear, though: as of right now, Steam Wallet cards do not exist and no plans have been announced.
#2 Posted by JDUB_XL (460 posts) -

 This is so awesome

#3 Posted by gingertastic_10 (4141 posts) -

SUPAH GANGSTA!!!!!

#4 Posted by PrioritySeven (325 posts) -

This could be dangerous for me come holiday sale time.

#5 Posted by jorojoserojas (258 posts) -

Maybe this will help Vinny avoid binges.

#6 Posted by ScaryGaryofAk (51 posts) -

Actually a pretty clever Idea, especially if they start releasing cards in stores! I would def look into it!

#7 Posted by EpicOrangeJuice (7 posts) -

Nice for young people

#8 Posted by illmatic19 (964 posts) -

Dude finally. This has always been my biggest issue with Steam.

#9 Posted by BeachThunder (12393 posts) -

Is this one of the surprises? =/

#10 Posted by tankintheair315 (351 posts) -

As someone who only recently got access to a credit card this would be great like 2-3 years ago, since you could finally buy all the sweet steam games.

#11 Posted by valentin_rad (82 posts) -

You kids and your steam wallets.

#12 Edited by Kyreo (4602 posts) -

This does sound like it is aimed for the younger audience but it does seem nice when you wanna gift someone something on Steam but you do not know what they want.  Though that heralds back to the use of gift cards and how cheesy and thoughtless they are...

#13 Posted by Froghourt (111 posts) -

It seems like a pretty good deal for people who are on a budget but do a lot of impulse buying too. You can just put 50$ in your Steam Wallet and say that, that is all you're going to use the next month, or something.

#14 Posted by RiotBananas (3600 posts) -

As someone old enough to have a Debit card, this doesn't interest me.

#15 Posted by Pop (2650 posts) -

More money for valve, maybe they'll release HL ep 3 now :D.

#16 Posted by avantegardener (1151 posts) -

Ah wonderful, more spacebucks.

#17 Posted by SMTDante89 (2580 posts) -

As someone who has a debit card that Steam refuses to accept (I've yet to figure out why) the idea of pre-paid cards is a Godsend.
#18 Posted by Tebbit (4484 posts) -

This news doesn't affect me at all, but I guess it makes sense. I suspect that seeing a Steam gift card in a store would blow my mind though, so that's something to look forward to down the road. 
 
@bradnicholson: pre-piad. That is all! 

#19 Posted by gakon (1952 posts) -

Certainly good if you don't have access to a credit/debit card, or you want to gift or be gifted, but spending money to buy money to spend on products is a layer of abstraction I don't need.
 
Also consider this Penny Arcade comic on the subject.

#20 Posted by fox01313 (5089 posts) -

Retail stores carrying Steam cash for gift cards would be nice though for another gift option if they want to get that instead of picking out a game you might or might not have any interest in. A Steam wallet though seems pointless to me as if i want a game on steam i'll just go buy it.

#21 Posted by Great__defunct__Northern (127 posts) -

"The catch with Steam Wallet is that it's rather pointless."      
 
I see what you did there.

#22 Posted by fisk0 (4463 posts) -

I guess this could help some retail stores, that could still make some money even though many buy their games on Steam by selling pre-paid Steam cards instead of the games.

Though something similar has been working for a couple of months already, at least here in Sweden, where 7-11 and gas stations have been selling some pre-paid card that isn't Steam exclusive, but was heavily advertised on the Steam store, even giving some special Steam discounts if you use it. I can't remember the name of it right now.

I assume this card isn't only available in Sweden, even though the ads I saw were aimed directly at swedes, namedropping some common swedish store chains and banks and stuff.

#23 Posted by SupeRaven (25 posts) -

...be used to purchase any game or within a game that supports Steam transactions.

Ahh... its really for the in-game purchases I bet.
#24 Posted by angelofioren (30 posts) -

I guess it's helpful for people that don't have a credit card.

#25 Posted by DrBeardface (260 posts) -

Well, at least there are no Steam Points.  That'll be next year's "update".

#26 Posted by Meteora (5787 posts) -

This would have been great if I hadn't finally set up my PayPal account. I guess its a good alternative if I want to buy something quickly and I don't have the patiences to wait a week before the bank transfers my funds into PayPal. But for the most part its primarily aimed for the younger audience, and I have no problems with that. Everyone needs to know the beauty that is Steam.

#27 Posted by Tordah (2487 posts) -

Probably a good idea from a marketing perspective, but nothing I'd have any use of.

#28 Posted by Lazyaza (2212 posts) -

I suppose this is aimed at anyone below 18 because any adult with sense knows PayPal is by far the best method of buying stuff digitally and Steam has supported it for years. 

#29 Posted by 2HeadedNinja (1765 posts) -

Good idea ... not interesting for me personally but makes sense for a younger audience.  Not  particularly exciting news but a consistent and smart thing for valve to do.

#30 Posted by bhhawks78 (1207 posts) -
@Lazyaza said:
" I suppose this is aimed at anyone below 18 because any adult with sense knows PayPal is by far the best method of buying stuff digitally and Steam has supported it for years.  "
No paypal has always been a crappy service with shitty support and an out and out scam.  Unless you work for paypal and are just schilling for them you are literally insane.
#31 Edited by Vigorousjammer (2536 posts) -

oh man, being somebody who works in retail this would be great... if they started releasing steam gift cards, then everything I buy on steam will be an extra 10% off with my employee discount! :-)

#32 Posted by humpo2uk (1 posts) -

this is gonna be pretty cool!

#33 Posted by BenderUnit22 (1543 posts) -

Great news, I don't have a credit card and have been missing out on Steam sales. Have my money, Valve

#34 Posted by Killroycantkill (1423 posts) -

I agree with Brad on this one. What is the point of this unless they are going to start selling Steam Cards at EB and Gamestops? You would need a credit card to pay for the money to go in your Steam Wallet anyways, so why not just buy the game right away with your card.
#35 Posted by Uberjannie (309 posts) -

Uhm, paypal ftw? :P

#36 Posted by DharmaBum (1049 posts) -

" instead of having to funnel your funds into a virtual wallet and then get stuck with leftover cash." 
 
*cough* Microsoft Points *cough*

#37 Posted by HellBrendy (994 posts) -
@fisk0 said:
"

I guess this could help some retail stores, that could still make some money even though many buy their games on Steam by selling pre-paid Steam cards instead of the games.

Though something similar has been working for a couple of months already, at least here in Sweden, where 7-11 and gas stations have been selling some pre-paid card that isn't Steam exclusive, but was heavily advertised on the Steam store, even giving some special Steam discounts if you use it. I can't remember the name of it right now.

I assume this card isn't only available in Sweden, even though the ads I saw were aimed directly at swedes, namedropping some common swedish store chains and banks and stuff.

"
Really? I live in Norway and have never heard of it before. 
#38 Posted by Jayzilla (2571 posts) -

i like this idea for budgeting. i can drop part of my game budget into Steam and then buy stuff on there when they have deals and that can be my limit. i tend to get carried away when Steam has sales. this will help me personally with that service.

#39 Posted by MarkWahlberg (4606 posts) -

Just give us the damn prepaid cards already!

#40 Posted by Morris (110 posts) -

If steam had prepaid cards i would be all up in that bitch.

#41 Posted by TheChaos (1138 posts) -
@MarkWahlberg said:
" Just give us the damn prepaid cards already! "
#42 Posted by piderman (204 posts) -

And the best reason of all is of course that all that unspent money in Steam's coffers generates a nice amount of interest.

#43 Posted by fisk0 (4463 posts) -
@HellBrendy said:
Really? I live in Norway and have never heard of it before.  "

I just looked around a little, it's name is PaySafeCard, and according to the web site at http://www.paysafecard.com/ it should be available in Norway too (I just did a simple search for retailers in Oslo and got 5 results).


From the website:

Get your paysafecard worth $10, $25, $50 or $100 from a local store near you:
paysafecard is available from 280,000 sales outlets worldwide.

When buying a paysafecard you get a 16-digit PIN printout that you can enter at the web shop of your choice. It’s very easy – no personal data or bank account details are required.


#44 Posted by ITSSEXYTIME (236 posts) -

This would have been nice a few years ago.


I ended up just using Paypal for my Steam purchasing needs.  Technically I wasn't supposed to since I was under-18 at the time but neither Paypal nor my Bank seemed to notice.  


I could see this being useful though.  For example I could put like $20 into my sister's Steam account and then let her choose what she wants to get whenever she wants, rather than having her pick something out beforehand.  (Not that my sister likes the idea of getting games over  Steam.  Apparently if it doesn't come in a box it's not an acceptable birthday gift.  Oh but gift cards are just fine)



#45 Posted by ManlyBeast (1175 posts) -

go steam. Not a bad idea I say.

#46 Posted by Skytylz (4039 posts) -

Yay, I can buy games off steam now!

#47 Posted by fisk0 (4463 posts) -
@piderman said:
" And the best reason of all is of course that all that unspent money in Steam's coffers generates a nice amount of interest. "
Oh, damn. A Valve Bank would be awesome.
#48 Posted by Mijati (949 posts) -

Because I need more incentive to buy stuff from steam right? 

#49 Posted by Microshock (342 posts) -

Yeah this is pretty much confirmation for Steam cards.. 
 
And like the article said, parents who don't want kids spending over 20 dollars or something

#50 Posted by Chainsawleon (17 posts) -

Prepaid Steam cards make so much sense. Before I had a credit card of my own, I was buying prepaid Visa gift cards to buy stuff on Steam. 

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