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-"Steam support"
-"purchases"
-under "last six months of purchases", click on the purchase that failed/pending
-somewhere on the next page, there will be an "x" next to "cancel this pending transaction"
Seems like Steam is losing revenue.
The steam support transactions page show that steam is waiting for confirmation from paypal.
to test, i went to another online site and purchased some products using paypal just fine.
Seems to be a steam issue.