Valve to Stop Selling Physical Steam Gift Cards to Cut Down on Scams
Valve has confirmed that it will stop supplying physical Steam gift cards to retail stores due to ongoing abuse by scammers. The company says it has added more restrictions over the years to curb fraud, but scammers keep adapting, finding new ways to trick people into buying the cards to avoid fake debts or fees. Now, Valve sees physical gift cards as too risky to continue as a retail product.
Scammers have posed as legal authorities or trusted companies to scare unwitting people into buying Steam gift cards and sending the codes, which the scammers immediately redeemed or resold for cash. Consumer protection agencies have repeatedly warned people not to pay anyone who asks for Steam, gaming, or retail gift cards as a form of "payment" over the phone or online, since legitimate organizations do not use them in that way. Still, consumers who are out of the loop (or...
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