In the midst of abject chaos and censorship, back around the time when payment processors realized they could just shut down industries they didn't like, something slipped under the radar of most. It seemed possibly-related, but worked a bit differently; and without hard confirmation, nobody could really tell one way or the other.
PayPal stopped working on Steam. Well, it only stopped for people in certain regions - Mexico, Poland, and Norway to name a few. This happened with little warning and without explanation, and stayed that way until Valve broke the silence with an explanation of their own.
Previously, if you were in an affected country and tried to process a Steam payment with PayPal, Steam would refuse your money. "We are unable to process with this payment method at this time," the brief error popup said. "We apologize for the inconvenience."
That changed recently. As spotted by a user on Reddit (Thanks, PC Gamer), that popup's text changed - and it offers a drop-down with a much longer explanation.
"In early July 2025, PayPal notified Valve that their acquiring bank for payment transactions in certain currencies was immediately terminating the processing of any transactions related to...