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People need to search the forums before making the same thread. Your answer as to why this won't happen has already been posted MANY times.
Development, integration, registration, licensing, investment, maintenance and operating cost of data centers and servers to process the transactions, additional costs involving PCI compliance and other security measures, including salary. Partnership with banks, other payment service providers and obtaining government recognition on an international scale.
This is pretty much akin to establishing a bank.
Even though there are over 1 billion Steam accounts, there aren't actually a billion of us since people can create multiple accounts. According to reports, there are only 132 million users active per month and 69 million per day.
That's an insane amount of money to spend on making and running "the Valve Card" for such a few clients. The annual and the transactions fees would make it unappealing for the average person.
Nearly every thread created in the past month has several answers to this question but here goes another one:
The reason this won't solve anything is because Visa and MasterCard set these rules long before Steam even allowed adult-only games to be on the platform. Valve making their own payment processor doesn't solve any problem because Valve would still need an agreement with the Visa-MasterCard duopoly in order to get money from people's bank accounts via credit and debit cards.
So even if Valve went through all the steps required to make and run their own payment processing company, they would still have to follow the same rules they do now.
And even if they did roll one out, it wouldn't eliminate the situation that is causing you to suggest it.
Because Valve is not going to create a global banking empire overnight and have that global banking empire both able to pay for all the stuff you would ever need to pay for and also not be under any of the restrictions that those partner payment processors and banks require.
And it'll be just another scam, like all the rest of the things he's done