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Valve Kills Its Retail Gift Card Program Due to Scammers

Valve says physical cards will disappear as scammers increasingly use gift cards, while digital cards and redemption of existing cards remain available.

  • Valve is discontinuing physical Steam Gift Cards at retail stores due to rising fraud, as scammers have increasingly exploited the cards since their introduction.
  • Scammers coerce victims into purchasing Steam Gift Cards under the guise of paying taxes, bail, debts, or delivery fees for fake sweepstakes winnings.
  • Valve previously worked with law enforcement and retailers, adding prominent scam warnings and limiting redemption to deter abuse, but these measures proved insufficient.
  • Retailers will not restock physical Steam Gift Cards once current inventory depletes, with all stores expected to run out by the end of 2026, though digital cards remain available.
  • Users holding existing physical Steam Gift Cards can redeem them on their Steam Wallet whenever they choose, as Valve confirmed there is no expiration deadline.
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Tech Spot broke the news on Wednesday, June 10, 2026.
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