If you've tried to pay for something on Steam via PayPal over the past month and a bit, only to be told you can't, Valve have now offered an explanation as to why, pointing to a bank that previously handled PayPal transactions in certain currencies as having suddenly terminated its support.
Folks in affected countries first noticed notifications informing them PayPal was "currently unavailable" in their part of the world around a month ago. There's been a steady stream of Reddit posts from folks who've gotten to checkout and been told this since then.
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