Is the 'unexpected error occurred' Steam purchase issue related to my bank or credit card?

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Grade: Education Subject: Support
Is the 'unexpected error occurred' Steam purchase issue related to my bank or credit card?
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Yes, it can be. Your bank might be blocking the transaction due to security concerns or insufficient funds. Contact your bank to ensure Steam transactions are allowed and that there are no holds on your account. Sometimes, a temporary authorization hold can appear, even if the purchase fails.