Steam Wallet
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The Steam Wallet is a feature Valve has implemented into their Steam content delivery system for the purpose of micro-transactions. The Steam Wallet beta was released on September 10, 2010, and was officially released on September 30, 2010 in line with the Mann-Conomy Update. The Steam Wallet is essentially a bank on Steam which contains money to be spent on games, downloadable content (DLC), and in-game content.
Usage
In order to use their Steam Wallet, users must first add funds to it, either by purchasing funds themselves or by redeeming a Steam Gift Card purchased from a local retailer, or given digitally by the user's Steam friends. The money that is added will be 'pre-loaded' so that bank details do not need to be exchanged at the time of purchase. Steam Gift Cards may be purchased for friends outside of the gifter's region; in which case, the card's balance will automatically be converted to the recipient's local currency. Purchasing Steam Wallet funds, for a user's own wallet or a Steam Gift Card, is similar to how users currently make purchases through Steam, though a user must purchase at least a $5.00 / CAD$5.00 / £4.00 / €5.00 / 150 rub increment to make purchases. Users cannot use Steam Wallet funds to purchase a Steam Gift Card. The player's current Steam Wallet balance is also displayed in the top-right corner of the Steam client window.
The Steam Wallet can be used to make purchases over the Steam Store, like how users could with a credit card or PayPal account, as well as make purchases in-game. In-game purchases can be done quickly through the in-game browser simply by verifying the purchase. If users do not have enough money in their Steam Wallet, they will be able to add more funds at the time of purchase.
The only way to buy items from the Mann Co. Store is through the Steam Wallet. Once a user checks out from the store, they are brought to the in-game browser and asked to verify their transaction or to add additional funds to their wallet. Once the transaction has been verified, the money required is automatically transferred and players will receive their item.
Pricing
Users can add funds in the following increments to their Steam Wallet via the Steam website or the Mann Co. Store:
- $5.00 / CAD$5.00 / £4.00 / €5.00 / 150 rub
- $10.00 / CAD$10.00 / £10.00 / €10.00 / 300 rub
- $25.00 / CAD$25.00 / £25.00 / €25.00 / 750 rub
- $50.00 / CAD$50.00 / £50.00 / €50.00 / 1500 rub
- $100.00 / CAD$100.00 / £100.00 / €100.00 / 3000 rub
Users are limited to these amounts when adding funds to their Steam Wallet via the Steam website, however, funds can be added in any amount when purchasing from the Mann Co. Store, provided that the amount is greater than the minimum amount of $5.00 / CAD$5.00 / £4.00 / €5.00 / 150 rub.
Users can view their personal purchase history in the Steam purchase history screen, which includes game purchases and in-game micro-transactions, although exact quantities of items purchased through micro-transactions are not listed. Records of funds being added to the user's Steam Wallet are also listed here.
Steam Agreement
The Steam Subscriber Agreement states below that Steam Wallet funds cannot be refunded, as well as having no real-world value outside Steam. Additionally, in the event of a user's Steam Wallet balance converting to their local currency, the user will be notified within 60 days.
| “ | C. Steam Wallet
Steam may make available an account balance associated with your Account (the “Steam Wallet”). The Steam Wallet is neither a bank account nor any kind of payment instrument. It functions as a prepaid balance to purchase Content and Services. You may place funds in your Steam Wallet up to a maximum amount determined by Valve, by credit card, prepaid card, promotional code, or any other payment method accepted by Steam. Within any twenty-four (24) hour period, the total amount stored in your Steam Wallet plus the total amount spent out of your Steam Wallet, in the aggregate, may not exceed US$2,000 or its equivalent in your applicable local currency -- attempted deposits into your Steam Wallet that exceed this threshold may not be credited to your Steam Wallet until your activity falls below this threshold. Valve may change or impose different Steam Wallet balance and usage limits from time to time. You will be notified by e-mail of any change to the Steam Wallet balance and usage limits within sixty (60) days before the entry into force of the said change. Your continued use of your Steam Account more than thirty (30) days after the entry into force of the changes, will constitute your acceptance of the changes. If you don’t agree to the changes, your only remedy is to terminate your Steam Account or to cease use of your Steam Wallet. Valve shall not have any obligation to refund any credits remaining on your Steam Wallet in this case. You may use Steam Wallet funds to purchase Subscriptions, including by making in-game purchases where Steam Wallet transactions are enabled, and Hardware. Funds added to the Steam Wallet are non-refundable and non-transferable. Steam Wallet funds do not constitute a personal property right, have no value outside Steam and can only be used to purchase Subscriptions and related content via Steam (including but not limited to games and other applications offered through the Steam Store, or in a Steam Subscription Marketplace) and Hardware. Steam Wallet funds have no cash value and are not exchangeable for cash. Steam Wallet funds that are deemed unclaimed property may be turned over to the applicable authority. |
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