In simple words, the Steam Wallet is a bank on Steam which lets you store money that you can use for games, downloadable content and in-game and other Steam-based content. Valve introduced a feature called Steam Wallet into their Steam content delivery system to facilitate micro-transactions. Valve Corporation is also known as Valve is a game development studio known for developing franchises such as Half-Life, Team Fortress, Left 4 Dead, and Portal.

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