{"id":2544764,"date":"2023-06-06T03:01:07","date_gmt":"2023-06-06T07:01:07","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/razer-merchant-services-obtains-visa-acquiring-license-in-three-asean-countries-reports-fintech-singapore\/"},"modified":"2023-06-06T03:01:07","modified_gmt":"2023-06-06T07:01:07","slug":"razer-merchant-services-obtains-visa-acquiring-license-in-three-asean-countries-reports-fintech-singapore","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/razer-merchant-services-obtains-visa-acquiring-license-in-three-asean-countries-reports-fintech-singapore\/","title":{"rendered":"Razer Merchant Services Obtains Visa Acquiring License in Three ASEAN Countries, Reports Fintech Singapore"},"content":{"rendered":"

Razer Merchant Services (RMS), the fintech arm of gaming hardware company Razer, has recently obtained a Visa acquiring license in three ASEAN countries. This news was reported by Fintech Singapore, a leading online publication covering the fintech industry in Southeast Asia.<\/p>\n

The three countries where RMS has obtained the license are Malaysia, Singapore, and the Philippines. This means that RMS can now process Visa transactions in these countries, which is a significant milestone for the company.<\/p>\n

RMS was launched in 2017 with the aim of providing payment solutions to businesses in the gaming industry. The company has since expanded its services to other industries, including e-commerce, retail, and hospitality.<\/p>\n

Obtaining a Visa acquiring license is a crucial step for any payment service provider as it allows them to process Visa transactions directly. This means that RMS can now offer its customers a more seamless payment experience and faster settlement times.<\/p>\n

In addition to Visa, RMS also supports other major payment methods such as Mastercard, American Express, and Alipay. The company’s payment gateway is designed to be user-friendly and customizable, allowing businesses to tailor their payment solutions to their specific needs.<\/p>\n

RMS has been expanding rapidly in recent years, with a presence in over 40 countries worldwide. The company’s focus on the gaming industry has also helped it to stand out in a crowded market, as it offers specialized solutions such as virtual credits and in-game purchases.<\/p>\n

The ASEAN region is a key market for RMS, as it is home to a large and growing population of gamers and e-commerce shoppers. With the Visa acquiring license, RMS is well-positioned to capitalize on this opportunity and continue its growth trajectory.<\/p>\n

Overall, the news of RMS obtaining a Visa acquiring license in three ASEAN countries is a positive development for the company and the fintech industry as a whole. It demonstrates the growing importance of payment solutions in the digital economy and highlights the potential for fintech companies to drive innovation and growth in the region.<\/p>\n