Fintech startup selected as sole payment partner for Razer’s European E-money program
TWBS Limited, a European prepaid payments software start-up, announced a partnership with Razer, the world’s leading lifestyle brand for Gamers, to make Razer Gold widely available for purchase online and in-store throughout Europe soon. Under the terms of the agreement, TWBS will develop, launch, and manage the entire Razer Gold e-Voucher service in the European Economic Area and UK.
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Razer Gold is a virtual credit, used to buy games, DLC, online services and In-game items for prominent game publishers and platforms including Tencent, PlayStation, Xbox, Activision-Blizzard, and many others. The European Razer Gold program allows customers to purchase Razer Gold eVouchers online via the Razer website and authorized third party online resellers. This is also the first time that Razer Gold will be available to buy in person, at more than 300,000 physical locations in Europe, including supermarkets, petrol stations and newsagents.
Funanga AG, a Berlin-based prepaid payments specialist, will be TWBS’ designated technical partner for in-store cash sales of the Razer Gold eVoucher. Funanga’s Point of Sale (POS) partner network includes leading POS providers such as epay across EEA and Payzone in Ireland.
Razer understands the needs of the gaming community and has always been known for innovative services and superior products. It has now worked with TWBS to build a convenient, innovative, and safe payments platform for all gamers. The service was designed to be available wherever gamers play. It is integrated into Razer’s whole gaming ecosystem, across multiple platforms, consoles, applications, and streaming channels – as well as available to buy in person for the first time.
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Jens Bader, TWBS Co-Founder and ex-CCO at paysafecard, Trust Payments and founder of MuchBetter commented on the news: “Razer is a landmark first deal for TWBS and a signal of intent for this new company. We have created a robust and highly innovative prepaid payment program that works across the EEA’s fractured payments market and its myriad payment regulations. The team has developed a bespoke, multi-channel solution which brings online and offline channels together seamlessly. Our holistic solution includes automated onboarding of partners, and covers all the technology, distribution channels and third-party touchpoints involved. This is all managed by TWBS.”
“The Razer brand is synonymous with superior gaming products, and is trusted by everyday gamers, streamers and esports professionals alike,” said Marco Chillon, Head of Razer Gold EMEA. “We were looking for a payment and technology partner who was able to create a product for us in the same vein, and ticks all the right boxes, to make secure, easy to use and compliant payment solutions for gamers by Razer available across all European markets.”
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