Steam removes description of who processes payments, including Valve GmbH and European acquirer

Two sentences describing payment processing were deleted from the EU Subscriber Agreement. They said payments are processed by Valve Corporation or its subsidiary Valve GmbH, and that non-US cards may be processed via a European acquirer. Nothing was added in their place, so the terms no longer state who handles payments.

Taken from you

Terms no longer say which Valve entity processes your payment
Terms no longer mention possible processing of non-US cards via a European acquirer

Evidence · 2 of 2 quotes matched in source

Payment processing related to Content and Services and/or Hardware purchased on Steam is performed by either Valve Corporation directly or by Valve’s fully owned subsidiary Valve GmbH on behalf of Valve Corporation depending on the type of payment method used.− struck · ✓ matched in source

~~If your card was issued outside the United States, your payment may be processed via a European acquirer by Valve GmbH on behalf of Valve Corporation.~~− struck · ✓ matched in source

Archived version ↗ · 66 words changed

Steam removes description of who processes payments, including Valve GmbH and European acquirer

Taken from you

Steam: where you stand today