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Home / Market News / Steam Now Accepting Bitcoin As Payment Method

Steam Now Accepting Bitcoin As Payment Method

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Bitcoin has become the latest payment option for online digital goods retailer Steam, which is known globally as one of the most popular PC game retailers.

Bitcoin will now be accepted through the third party bitcoin payment processor also known as Bitpay. Bitpay is currently opne of the biggest payment gateways for bitcoin serving an excess hundreds of thounsads of bitcoin stores. Allowing its clients to instantly convert bitcoin to fiat essentially allows any retailer to accept bitcoin and steam has become one of the biggest to do so. This now allows customers all around the world to purchase PC games, in game items and even in game currency for the titles they play.

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 back to gaming in seconds without having to provide sensitive financial information.

Rory Desmond

Director of Business Development, North America and APAC

 

To conclude the purpose of bitcoin in everyday life is slowly being expanded and now that steam too has intergrated the digital currency in its platform users can enjoy the benefits of purchasing various digital goods through the hugely popular PC gaming service. Steam aims to serve emerging markets such as India and China and even Nigeria which may not use credit cards and fiat to purchase digital goods and services.

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