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Razer Pay launches in Malaysia
[July 04, 2018]

Razer Pay launches in Malaysia


The e-wallet service from the world's leading lifestyle brand for gamers makes its global debut in Malaysia.

KUALA LUMPUR, Malaysia, July 4, 2018 /PRNewswire/ -- Razer™ ("Razer" or the "Company", HKEX stock code: 1337), the world's leading lifestyle brand for gamers, today launched the Razer Pay e-wallet in Malaysia, making its global debut in the heart of Kuala Lumpur. Razer Pay in Malaysia is a partnership between Razer Inc. and Berjaya Corporation Berhad.

Razer Pay is the e-wallet designed for youth and millennials. Users can top up easily, transfer money quickly, and pay everywhere.

Razer Pay

TOP UP EASILY

To add funds to a Razer Pay account, users can visit any 7-Eleven store in Malaysia at any time to buy a Razer Pay top-up PIN. Alternatively, users can also use their online banking account to add funds. Participating banks include AmBank, Bank Islam, CIMB, Hong Leong Bank, Maybank, Public Bank and RHB Bank.

TRANSFER QUICKLY

With Razer Pay, users can transfer funds to family and friends easily (i.e. peer-to-peer cash transfers) in just a few steps. Users can also transfer money quickly from their Razer Pay e-wallet to their bank account.

PAY EVERYWHERE: ONLINE

Razer Pay can be used for online transactions. For example, users who love games and video entertainment can purchase PIN codes instantly for popular services such as zGold MOLPoints, Steam Wallet, Garena, Sony PlayStation, Spotify, iflix, Astro NJOI and more. 

At the same time, prepaid mobile customers can also choose to top up their accounts with Razer Pay if they have an account with Malaysia's top telcos -- uMobile, Digi, Maxis, Celcom and more.

PAY EVERYWHERE: OFFLINE

Over 6,000 major retail and F&B outlets will accept Razer Pay, with participating brands such as 7-Eleven, Starbucks, Singer, Cosway, Greyhound Cafe, Wendy's, Kenny Rogers, Krispy Kreme, 99 Speedmart, Tealive, Thundermatch, Sweet Hut and more.

Razer Pay will grow its merchant network rapidly to encompass F&B, healthcare, travel and other lifestyle services in Malaysia.

TABUNG HARAPAN

As a partner to Razer Pay, Berjaya Corporation Berhad has pledged to donate up to RM5 million to the national Tabung Harapan Malaysia fund.

The fund was set up by the Finance Ministry of Malaysia on 30 May 2018 as a crowdfunding initiative to reduce the country's national debt.

From 4 July to 30 Aug 2018, Berjaya has committed to donating RM10 with each first use of the Razer Pay wallet at participating Berjaya outlets[1], subject to terms and conditions.

RM10 BONUS CREDITS

To celebrate the launch of Razer Pay, every new user in Malaysia will receive RM10 bonus credits when they sign up in the Razer Pay app from 4 July to 30 September 2018[2].

To get started, download the Razer Pay Malaysia app from the iOS App Store or Google Play Store. Upon successful sign-up with a valid local mobile number, users will receive RM10 bonus credits to spend using the app. The credit is non-transferable, cannot be exchanged for cash and will expire after 90 days from account activation.

READY FOR THE FUTURE

Razer Pay will roll out in other Southeast Asian countries in the coming months. With a focus on interoperability between countries, Razer Pay users can look forward to a seamless payment experience when they visit other cities for work or play.

Co-Founder and CEO of Razer Min-Liang Tan said: "Razer Pay is going to make cashless payments easier than ever. We're excited to launch Razer Pay first in Malaysia as part of our global rollout, and our partnership with the Berjaya Group will make it convenient for everyone to join the cashless revolution today."

Founder of the Berjaya Group Tan Sri Dato' Seri Vincent Tan said: "We have created this partnership as we see great synergy between our businesses and Razer Pay. Our existing retail ecosystem within the Berjaya Group offers a great platform and testbed for mobile payment innovation. Through the synergy between Berjaya and Razer, we aim to enhance the value propositions of Razer Pay to craft our differentiation in the marketplace."

Download Razer Pay now from iOS App Store or Google Play Store. For more information, visit pay.razer.com

ONE2PAY IS NOW RAZER PAY

One2Pay is the e-wallet app launched by MOL Inc. in 2017. MOL Inc. was acquired by Razer in May 2018.  Existing users of the One2Pay app will have their app automatically upgraded to Razer Pay through the iOS App Store or Google Play Store updates.





[1] 7-Eleven, Starbucks, Singer, Cosway, Greyhound Cafe, Wendy's, Kenny Rogers, and Krispy Kreme at launch. Subject to terms and conditions.

[2] Terms and conditions apply. The total Razer Pay bonus credits offered by Razer will be capped at RM5 million. More details at pay.razer.com


ABOUT RAZER

Razer™ is the world's leading lifestyle brand for gamers.

The triple-headed snake trademark of Razer is one of the most recognized logos in the global gaming and esports communities. With a fan base that spans every continent, the company has designed and built the world's largest gamer-focused ecosystem of hardware, software and services.

Razer's award-winning hardware includes high-performance gaming peripherals, Blade gaming laptops and the acclaimed Razer Phone.

Razer's software platform, with over 50 million users, includes Razer Synapse (an Internet of Things platform), Razer Chroma (a proprietary RGB lighting technology system), and Razer Cortex (a game optimizer and launcher).

Razer services include Razer zGold - one of the world's largest virtual credit services for gamers - which allows gamers to purchase virtual goods and items from over 2,500 different games.

Founded in 2005 and dual-headquartered in San Francisco and Singapore, Razer has nine offices worldwide and is recognized as the leading brand for gamers in the USA, Europe and China. Razer is listed on the Hong Kong Stock Exchange (Stock Code: 1337).

ABOUT BERJAYA CORPORATION BERHAD

Established in 1984, Berjaya Corporation Berhad ("BCorp") began as a steel company and since then, it has grown into one of Malaysia's largest conglomerates. 

BCorp's diversified businesses include consumer marketing & direct selling, property investment & development, hotels & resorts and recreation development, gaming & lottery management, food & beverage, financial services, environmental services & clean technology investment, motor trading & distribution, and tele-communication and information technology-related services, solutions and products.

BCorp owns controlling/substantial stakes in five public listed companies on Bursa Malaysia Securities Berhad, and in two listed companies on International Stock Exchanges in the Philippines and Singapore.

Photo - https://photos.prnasia.com/prnh/20180704/2179644-1

SOURCE Razer Inc.


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