Has happened to me a few times. I just switch to the client if I'm using the browser or visa versa and it normally works, or sign out and in again.
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A lot of people have this problem
http://steamcommunity.com/discussions/forum/1/43099711980675346/?tscn=1405509795#p1
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Just be patient. The problem will be resolved, sooner or later.
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Everytime I try to send a gift to one of my friends on steam I get this message
"There seems to have been an error initializing or updating your transaction. Please wait a minute and try again or contact support for assistance."
if anyone else has the same problem ?
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