Razer Gold is Monetary Authority of Singapore (MAS) For major payment institution licenses.
This development marks a major step for the gaming-focused virtual credit platform as it prepares to expand its payment services in Singapore.
This approval will enable Razer Gold to offer regulated payment services such as account issuance, domestic and cross-border remittances, merchant acquisition, and e-money issuance.
These services are aimed at enhancing the platform’s capabilities and meeting the growing demands of Singapore’s digital economy and gaming sector.
Razer Gold, part of a wider range of products Razer The ecosystem continues to provide gamers with access to payment solutions across over 50,000 games and entertainment titles.
The platform allows users to earn rewards like Razer Silver and access exclusive offers while purchasing in-game content.
The company aims to strengthen its payment system in cooperation with MAS and industry partners.
“The licensing process has been thorough and this in-principle approval is a testament to our team’s dedication to establishing a strong compliance framework.
We look forward to strengthening our systems and working with MAS, our partners, and the gaming community to foster a secure and reliable payments ecosystem that meets the industry’s evolving needs. ”
Adisorn Phonnarut, Global Head of Razer Gold said:
