Valve Extends Processing Agreement with GlobalCollect

Jan. 12, 2012

Award-winning online game publisher Valve has extended its relationship with payments processor GlobalCollect. Under the new agreement, the Dutch payments technology company will process all online payments for Valve worldwide. Over the past four years of the partnership, the gaming company said it has benefited from GlobalCollect’s extensive experience of worldwide payment processing as well as its in-depth knowledge of alternative payment methods, cultural payment preferences, and monetizing video gaming platforms. “Think global, act local when it comes to check-out pages,” the companies said in a press release. “Given GlobalCollect’s proven track record to offer Valve consultancy on localization of payment products to ensure maximum conversion and its broad portfolio of alternative payments, Valve recently renewed its service agreement. GlobalCollect takes care of processing Valve’s online payment transactions via all major credit cards, local debit cards, e-wallets, prepaid cards, and real-time banking products in a number of currencies.”