Valve, the name behind big guns like Half Life, Counter Strike, Dota 2 and of course the digital distributions platform Steam has turned to Payelp Global, an electronic payments solution to handle their transactions in certain regions.
According to a post by VentureBeat, Steam owner Valve has contracted Payelp to handle their financial transactions for Eastern Europe, Russia, and the Commonwealth of Independent States for all the digital game distributions through Steam.
Conventionally such intermediaries are used to facilitate the areas where direct credit cards are not available or in reach of the distributor’s region to commence a transaction. Payelp the electronic commerce platform accepts credit cards, cash, direct debit, kiosk, and mobile payments throughout the aforementioned regions.
Previously, Valve and Payelp have been in the same agreement for the Eastern region and now millions of kiosks would be added to their trade from Russia, Romania, Bulgaria, Hungary, Lithuania, Latvia, Estonia, the Czech Republic, Kazakhstan, Uzbekistan and a vast range of other countries.
Payelp’s website boasts of having over 300 payment gateways across the globe in over 70 countries worldwide and processing more than 446,000 transactions per minute. It is a Woodland Hills, California based company.
Having titles like Counter-Strike: Source, Portal and Portal 2, Half-Life and Half-Life 2, Left 4 Dead and Left 4 Dead 2 to their name; Valve is surely a giant and the collaboration between the two business hubs certainly looks to be a praiseworthy one.