Recently Steam added a new payment method Bitcoin powered by BitPay a Bitcoin Payment Portal. Bitcoin is a cryptocurrency or what they call the currency of the Internet, its becoming an increasingly popular online payment method is some countries and it enables merchants like steam avoids risk of chargeback payment – since Cryptocurrency is non-refundable.
In the Philippines you can purchase bitcoin at Coins.ph or through mining bitcoin/altcoin, upon writing this article the price of 1 bitcoin is PHP 21,485.
We haven’t tried yet if New Account can make purchase using Bitcoin.