Razer and Visa partner to transform digital payments in gaming sector

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Razer and Visa partner to transform digital payments in gaming sector

By The Nation

 

 

Razer, the global lifestyle brand for gamers, and Visa, the world’s leader in digital payments, have announced a first-of-its-kind partnership that will transform payments in the gaming industry by bringing the scale and reach of Visa’s global network to Razer Pay e-wallet users.

 

The partnership will see Razer’s financial technology arm, Razer Fintech, join Visa’s fintech fast-track programme, which is designed to make it easier for fintechs to access the global Visa payments network. 

 

Razer Fintech and Visa will develop a virtual Visa prepaid solution to be embedded in the Razer Pay e-wallet, which will allow up to 60 million Razer users to make payments wherever Visa is accepted at 54 million merchant locations worldwide.

 

Chris Clark, Visa regional president, Asia Pacific, said on Tuesday: “We are pleased to partner with such a forward-looking and innovative company that understands the value and importance of expanding access to digital payments. This announcement reaffirms Visa’s commitment to the fast-growing and digitally savvy Southeast Asia region. 

 

“Together, Visa and Razer Fintech have the opportunity to transform the payments experience for not only the gaming community but many of Southeast Asia’s unbanked and underserved consumers as well.”

 

Min-Liang Tan, co-founder and CEO of Razer, said: “Razer Fintech is a core growth initiative for Razer as we continue to empower digital payments across emerging markets, starting from Southeast Asia. We are incredibly excited with the opportunities that this innovative payment solution serves to millions of consumers, connecting them to an extensive network of merchants globally. 

 

“This partnership with Visa significantly extends Razer Fintech’s position as the largest offline-to-online digital payment network in the region.”

 

Source: http://www.nationmultimedia.com/detail/Corporate/30371712

 

-- © Copyright The Nation 2019-06-25

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