15 September 2020
Razer is a brand name synonymous with gaming products but it also offers an online payment platform called Razer Pay. It is now expanding the latter with the announcement of Razer Card. It is a virtual pre-paid card in collaboration with Visa but can also be "upgraded" to a physical card if desired. The unique thing about the card is that it has an LED that lights up whenever you will make a contactless payment.
Razer Card works like any other pre-paid card that you may have used or heard about. It will let users load their desired amount whenever they want and then use it for online and offline transactions. The virtual card will be available for everyone instantly through their phones but for a physical card, they will need to apply separately.
There are two types of physical cards that users can choose from. The standard version is like any other debit/credit card but it will not have the card number printed. As for the Premium card, users will get the same experience but with an in-built LED light within the Razer logo. It is "the world's first that lights up on payment" during in-store contactless and chip transactions.
Razer is offering a 1% cashback on all purchases done with the help of the card. There is up to 5% cashback (up to 10% during beta) for RazerStore and Razer Gold transactions. The card is currently available in Singapore and that too as part of the beta testing. It will be made available to only 1337 beta testers in the beginning.