114 Total

Key Facts · in the document’s own words

What must users keep confidential?
“You may not reveal, share or otherwise allow others to use your password or Account except as otherwise specifically authorized by Valve. You are responsible for the confidentiality of your login and password and for the security of your computer system.”
Version CA-V-006670, captured Sept. 11, 2026 · live source ↗
Our reading, not the document’s words
Steam requires users to keep their password and Account confidential and not allow others to use them, except as specifically authorized by Valve.
What are Accounts and Subscriptions on Steam?
“Your Account...is strictly personal. You may therefore not sell or charge others for the right to use your Account, or otherwise transfer your Account, nor may you sell, charge others for the right to use, or transfer any Subscriptions...”
Version CA-V-006670, captured Sept. 11, 2026 · live source ↗
Our reading, not the document’s words
Steam requires that user Accounts and Subscriptions are strictly personal and may not be sold, transferred, or charged to others.
When are all charges incurred on Steam payable?
“All charges incurred on Steam, and all purchases made with the Steam Wallet, are payable in advance and final, except as described in Sections 3.I and 7 below.”
Version CA-V-006670, captured Sept. 11, 2026 · live source ↗
Our reading, not the document’s words
Steam requires that all charges incurred on Steam and all Steam Wallet purchases are payable in advance and are final.
What right must users grant Valve and its affiliates?
“You grant Valve and its affiliates the worldwide, non-exclusive right to use, reproduce, modify, create derivative works from, distribute, transmit, transcode, translate, broadcast, and otherwise communicate, and publicly display and publicly perform, your User Generated Content...”
Version CA-V-006670, captured Sept. 11, 2026 · live source ↗
Our reading, not the document’s words
Steam requires users to grant Valve and its affiliates a worldwide, non-exclusive right to use, reproduce, modify, create derivative works from, distribute, transmit, transcode, translate, broadcast, and otherwise communicate, and publicly display and publicly perform their User Generated Content.
What liability does Steam exclude?
“IN NO EVENT WILL VALVE BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE OR EXEMPLARY DAMAGES...EVEN IN THE EVENT OF VALVE'S OR ITS AFFILIATES' FAULT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR BREACH OF VALVE'S WARRANTY...”
Version CA-V-006670, captured Sept. 11, 2026 · live source ↗
Our reading, not the document’s words
Steam excludes Valve's liability for any indirect, incidental, consequential, special, punitive, or exemplary damages, even in the event of Valve's or its affiliates' fault, tort (including negligence), strict liability, or breach of Valve's warranty.
What does Steam disclaim?
“TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VALVE AND ITS AFFILIATES AND SERVICE PROVIDERS EXPRESSLY DISCLAIM (I) ANY WARRANTY FOR STEAM, THE CONTENT AND SERVICES, AND THE SUBSCRIPTIONS...PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS...”
Version CA-V-006670, captured Sept. 11, 2026 · live source ↗
Our reading, not the document’s words
Steam expressly disclaims, to the maximum extent permitted by applicable law, any warranty for Steam, the Content and Services, and the Subscriptions, which are provided on an 'as is' and 'as available' basis.
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Summary
Generated by a model from the captured document; not read by a person

This document governs your relationship with Steam: it sets out what you can and cannot do with your account and the games and services you access through it. Your account is personal and cannot be shared, sold, or transferred, and all purchases are final except under Steam's Refund Policy. If anything goes wrong — including situations where Steam is at fault — you generally cannot recover lost profits or other consequential losses, and Steam makes no guarantees about the quality or availability of its services.

Analysis

The Steam Subscriber Agreement establishes the terms under which Valve grants users a non-exclusive, personal, non-commercial license to access Steam's Content and Services, while imposing strict account confidentiality, personal-use, and advance-payment obligations on subscribers. Users grant Valve and its affiliates a broad worldwide license to exploit User Generated Content across a wide range of uses without further permission or compensation. The Agreement disclaims all warranties to the maximum extent permitted by applicable law and excludes Valve's liability for indirect, incidental, consequential, special, punitive, and exemplary damages even where Valve is at fault, negligent, or in breach of warranty. Acceptable-use restrictions prohibit all forms of automation, cheat creation or facilitation, interference with anti-cheat systems, and unauthorized reproduction or reverse engineering of Steam content. Refunds are available under Valve's Refund Policy without prejudice to any applicable statutory rights, and all charges are otherwise final and payable in advance.

What this means for you

As a Steam user, your account and subscriptions are strictly personal — you cannot share login credentials, sell your account, or transfer your game library to someone else. Any content you submit to Steam can be used, modified, and distributed by Valve globally without additional permission or payment to you. All purchases are final and paid upfront; refunds are only available under the terms of Valve's separate Refund Policy, though your statutory rights under applicable law are preserved. If you promote or endorse products on Steam in exchange for any benefit — including free games — you must clearly disclose that arrangement to your audience. If you believe you are owed a refund, you can request one under Valve's Refund Policy.

Institutional Analysis
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2 important changes detected

4 versions captured · Latest change detected by ConductAtlas: September 2026

What changed 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.
Why this matters 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.
View full change record →
What changed Steam added language requiring Japanese subscribers to use funds added to their Steam Wallet within six months or lose them, as required by Japanese law. The updated terms also clarify that users can review their funds and expiration dates in their Steam Wallet. The agreement's revision date was updated from September 18, 2025 to April 20, 2026.
Why this matters The updated terms establish a six-month expiration window for funds added to Steam Wallet accounts by Japanese subscribers. Under the revised agreement, any wallet balance not spent within six months following the date funds were added will expire. The terms state that users can review their current funds and expiration dates directly in their Steam Wallet account settings.
View full change record →

Clauses withheld

We withheld clauses we had published from this document. Each withholding is recorded in our correction log:

Featured provisions
Generated by a model from the captured document; not read by a person

Complete Provision Index

Every distinct legal provision identified in this document. Featured provisions appear above with analysis.

114 provisions
12 featured
17 clause types
Intellectual Property 29
Show all 29 intellectual property provisions
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Archival ProvenanceSource & Archival Record
This version captured September 11, 2026 00:30 UTC
Last successful capture October 14, 2026 00:27 UTC
Capture Method Automated scheduled archival capture
Document ID CA-D-000181
Version ID CA-V-006670
SHA-256 (extracted text, extractor v5) 410d3babd01238fddd36d68a37e9cef164343b781f169144290303db720dd57e
Archived bytes SHA-256 (anchor) 5bf139390048ead58bf76d7a84c8c812fc3c1a755d6252638b6e0d73650a7d10
✓ Snapshot stored ✓ Archived bytes anchored (verified Sept. 11, 2026)

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