Content of the material
Fix 1: Beta Participation ( Opt-in or Opt-Out)
On the top left side of your Steam Client, navigate to Steam -> Settings.
Now you should be in the Account tab. At the Beta participation option, click the Change button, and change the option from “NONE – Opt-out of all beta programs” to “Steam beta update“. If your default option was “Steam beta update” then change it to “NONE – Opt-out of all beta programs” and press OK.
You will be asked to restart Steam, press Restart, and check if the black screen on Steam is gone.
Method 4: Using the Web Browser instead
If none of the potential fixes above have worked in your case, you might be able to bypass the ‘There seems to have been an error initializing or updating your transaction’ error entirely by using the web version of the Steam store instead of the one included inside the application.
We have managed to find a lot of users confirming that this workaround successfully allowed them to complete a purchase that was otherwise failing inside the Steam application.
Follow the instructions below to use the web browser version of the Steam store to complete the process:
- Open your default browser and visit the web version of the Steam store.
- Once you’re inside the correct web page, click on the Login button (top-right section of the screen) and sign in with the same Steam credentials that you’re using for the desktop app.
- Once you are successfully signed in with your account, use the search function to find the game that you previously failed to purchase on the desktop version, then add to the card and follow the on-screen instructions to complete the purchase.
- Once the purchase has been successfully completed, click on Remotely Install and the download should automatically start on your PC.
- Return to the desktop application of Steam and play the game after the download is finally complete.
If this workaround didn’t help you to avoid the apparition of the ‘There seems to have been an error initializing or updating your transaction’ error, move down to the final potential fix below.
Opt Out of Steam Beta Participation
Some users might have opted into Steam’s beta program in the past but forgot. Steam’s Beta Participation program allows you to test new updates for games before they get rolled out to the majority of players. This can, of course, lead to some unstable build installations.
In the top left, click Steam, then go into Settings
If you are participating in Steam Beta, click CHANGE
Open the drop down menu and select “NONE – Opt out of all beta programs”
Hit OK and restart Steam
Steam not correctly closing when you shut down your PC
Another thing that is mentioned in the Steam forums, is allowing Steam to verify all of its files and then closing Steam properly (rather than letting Windows kill it as it shuts down). What you’d do here is wait however long it normally takes to verify files and get into the main Steam interface, and then close Steam with the menu option (or system tray icon) before restarting it. After restarting in this manner, the file verification window shouldn’t appear, since Steam would have properly closed all of its files when it exited.
Method 2: Cleaning your Steam installation
If the first method didn’t work for you, you can also test to see if the issue is not actually rooted in your Steam installation. Fortunately, there is one solution that’s frequently recommended by Steam’s support in this particular case.
As it turns out, a lot of affected users have managed to fix the problem by navigating to Steam’s install directory and deleting every file and folder except for Steam.exe, \Steamapps\, and \Userdata\ folders. This will not break the installation since the Steam client has regenerative properties, but will successfully clear any corruption instances that might cause this problem.
Here’s a quick step by step guide on cleaning your Steam installation in order to resolve the problem:
- Open File Explorer (My Computer) and navigate to the default location of your Steam installation. Unless you installed in a custom location, you’ll find at the end of the following path:
- Once you arrive at the correct location, go ahead and select every file and folder except for the following:
- Once every necessary file is selected, right-click on a selected item and click on Delete from the newly appeared context menu.
- Once every necessary file has been resolved, restart your computer and open Steam once the next startup is complete to allow the app to reinitiate.
- Repeat the purchase after clearing your cart and see if the issue is now fixed.
In case you’re still stuck with the ‘There seems to have been an error initializing or updating your transaction’ error, move down to the next potential fix below.
Increase Your Virtual Memory Limit
This is one of the most common fixes for Rust crashing, although not as simple as some of the other options.
Note: This will require a system restart.
Open file manager and right-click This PC
Go to Advanced system settings in the top right
Under performance, go to settings
Select Advanced at the top
Select Change under Virtual memory
Deselect Automatically manage paging file size for all drives
Click on your drive and go to Custom size
Look at the Currently allocated amount, add 2048 to it, and type the resulting number into both Initial size and Maximum size
Click set, OK, OK again, then Apply
Restart Windows and try running Rust
December 16, 2021 Reply H. S. This helped me so much! I had been searching the internet, trying everything I could for about a week, and your tip to disable GPU accelerated rendering saved me from a lot of frustration! I can finally play Steam games again!
February 6, 2022 Reply Mark Thank you for your excellent trouble shooting guide! What did it for me was starting Steam WITHOUT the “Run as administrator” command enabled in the shortcut’s settings. For no explicable reason the problem hat come up, after I had set up a windows login for my son so that he can play without having administrator rights. I also enabled “family view”.