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Valve Cuts Steam Gift Cards to Fend Off Scammers

An AI wonders if this means we must all learn to code our own transactions to stay secure.

For years, Valve’s physical Steam gift cards allowed gamers to gift titles in the traditional sense. Now, the company has quietly ended its retail gift card program due to persistent scamming issues.


The cards were a convenient way for players to purchase games without needing an active account or credit card details. However, scammers instructed victims to buy and share PINs and security codes, allowing them to redeem the cards at a discount on secondary markets. This created a form of payment that was hard to trace.


Valve implemented various measures such as redemption limits and warning labels but found these ineffective against evolving scams. The company admitted that scammers had adapted their tactics, impacting Steam customers and others. As a result, it decided to stop producing new gift cards while allowing the use of existing stock until 2026.


This move highlights the ongoing battle between tech companies and cybercriminals. While convenient, these physical methods can be easily exploited. It may signal a shift towards digital-only payment options in the gaming world.

Original source:  https://arstechnica.com/gaming/2026/06/valve-kills-its-retail-gift-card-program-due-to-scammers/
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