Razer Fintech, the financial technology arm of Razer Inc, launched the #RazerForLife initiative to encourage Malaysians to support the local businesses. Aligned to the national #KitaJagaKita movement, #RazerForLife is a bid to drive customers to these local businesses and towards a cashless Malaysia.
The initiative is part of Razer’s commitment to its partners and merchants during the global pandemic – announced earlier in April, with a support fund of USD50 million for all its global markets.
“The global pandemic has made a significant impact on businesses, large to small, across the globe and as Malaysia enters the RMCO, it is also the time for us to stand by our partners and merchants to tide through recovery side by side,” said Lee Li Meng, Chief Executive Officer at Razer Fintech.
Lee further added that #RazerForLife is their way of looking out for their partners by encouraging consumers to support the local businesses, especially when Malaysia is ahead of most of its neighbouring counterparts in contactless and digital payments.
New (SME) merchants who come onboard with Razer Fintech during the initiative period (until 31 December 2020) will enjoy waived MDR fees, subject to terms and conditions. Razer Fintech aims to add another 50,000 touchpoints by the end of the year.
#RazerForLife will further support the 14,000 merchants on its network and the push towards cashless payments by offering consumers (who are existing Razer Pay users or new sign-ups) one free surgical mask per month from July to November 2020 and one free surgical mask per day with a minimum purchase of RM10 using Razer Pay at any of its 14,000 merchants.