Steam removed detailed language describing how payment processing is handled between Valve Corporation and its subsidiary Valve GmbH i.L., including specific information about card processing for non-US cardholders and which entity collects payment for different purchase types. The updated agreement no longer includes these payment processor details, though it retains the statement that users consent to receiving sales invoices electronically.
Consumers: Steam no longer tells you which company processes your payment or how payment handling differs by card region.
The updated agreement removes explicit disclosure of how Steam processes payments, including which entity (Valve Corporation or Valve GmbH i.L.) handles payment collection based on card type and region. The agreement still requires users to consent to electronic invoices, but no longer describes the payment processor structure. This change reduces transparency about payment handling without altering the actual payment processing procedures.
Removed explicit identification of Valve GmbH i.L. as payment processor for non-US cards and description of payment collection by entity type.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Wording edits to this record that do not change what it claims. Changes to a claim are published as corrections.
Steam removed payment processor disclosure language from its subscriber agreement. The change eliminates explicit statements about Valve GmbH i.L.'s role in payment processing for non-US cards and clarifies which entity collects payment for different purchase …
Regulatory exposure, obligation change, escalation trigger, board-ready language, and recommended action for legal and compliance teams.
Unlock the full institutional analysis — InsightConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-X-005016.
Steam added language requiring Japanese subscribers to use funds added to their Steam Wallet within six months or lose them, …
Get the weekly coverage letter
Companies change their terms without announcing it. We capture governance documents, compare each new version with the last, and publish what changed, with the source text behind it. One email a week on what we found and what we could not reach.
Get alerted when this policy changes again, including what changed and why it matters.