Video game firm Valve selects WorldPay for transaction processing

Source: WorldPay

WorldPay, a global leader in payment processing, risk and alternative payments has today announced that Valve, creators of best-selling game franchises (such as DOTA, Half-Life, Left 4 Dead, Portal and Team Fortress) and leading technologies such as Steam™ and the Source™ engine, has selected its payment services for processing video game transactions globally.

Valve required a payment provider that could optimise global reach and maximise transaction acceptance amongst video gamers, particularly during Steam's eagerly anticipated holiday sales.

Valve chose WorldPay based on WorldPay's experience processing within the video game industry and long-standing international experience. WorldPay provides scalable payment services that will grow alongside the Steam platform, supporting new technologies and territories.

Whether console or cloud-based, multi-device, free-to-play or downloadable content, WorldPay possesses the payment expertise and services to help Valve monetise, expand and grow revenues.

Mark Richardson with Valve comments: "A priority for Valve was choosing a payment provider that could swiftly scale with our growth, payment diversity and regional requirements. WorldPay has the expertise to provide worldwide transaction processing to our diverse growing international community of gamers while optimising cost and managing transaction risk."

Shane Happach, Chief Commercial Officer, WorldPay e-commerce comments: "Consumer appetite for online video games is growing fast. It is essential for merchants to ensure that all transaction opportunities are captured, regardless of whether the video gamer wants to play in a free-to-play, subscription or purchase environment. Valve can be confident that WorldPay will be there to help maximise the experience for Steam's users, regardless of business model or geography." 

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