Valve has started beta testing of its new payment option called “Steam Wallet.” Rather than taking money directly out of your debit or credit card to pay for a gem, you can now take money directly out of your debit or credit card, and put it in a Steam Wallet in $5, $10, $25, $50, and $100 increments, and then use that money to buy a game. This similar to buying Xbox points or putting cash on you PSN account.
This is a great move to gain more biz from the younger set that don’t have credit cards or debit cards. Heck even for us older gamers that don’t like have our credit card number on file everywhere.