Top online game players are fascinated by the appearance of the first debit card for gamer. We are talking about Ugami, a debit card created especially for gamers, which allows them to accumulate points (Ugipoints) to obtain rewards.
This is very good news for all those who are part of the online gaming community, as the card is designed to fit all the needs of a gamer. The best part is that it is totally free, as there are no monthly fees, no services, no taxes… nothing.
Does it seem too good to be real? Then tighten your belt because there is still much more to discover! Get ready to know all the benefits offered by Ugami, the reward card for gamer. In this article, we’ll tell you all about it. Let’s play!
What is Ugami?
Ugami is a new FinTech company dedicated to technological development to provide efficient services in the financial sector.Â
Ugami’s goal is to be a great solution when it comes to finances and rewards for gamers, through its debit card. Gamers using the Ugami card will be able to accumulate Ugipoints which can be exchanged for various rewards in the Ugami store. These prizes are all items related to the gaming industry.
But Ugami is not only a debit card for gamers. It also has a free app that allows players to manage their finances and accumulate Ugipoints by solving challenges and streaks.
Ugami is also defined as a gaming company since it was founded by gamers, whose main objective is to satisfy and cover all the needs that any gamer may have. Everything Ugami creates is related to gaming or gamified.
How does it work?
Ugami is not a financial institution, but they have partnered with an FDIC financial institution in order to provide the debit card service.
At the moment, Ugami only offers debit cards (which also work as a reward cards for gamers), but credit cards will be available very soon, starting in 2023.Â
There are different types of Ugami debit cards; the conventional version and the Boosted version. The big difference is in the services offered by each. The Boosted card allows you to accumulate points faster (4X rate), provides exclusive access to perks within the app, and offers different experiences. It is essential to clarify that the Boosted version does have a monthly cost of $9.99.
Where are Ugami cards accepted?
These cards can be used in almost all stores, both online and physical, that accept Visa. Although they are currently only available in the United States (services will soon be expanded to other countries), they can be used internationally without having to pay transaction fees.
Is Ugami a secure card?
Ugami goes to great lengths to ensure the security of its customers. Its top priority is to provide a service that works with the most advanced privacy and cyber security software to safeguard players’ personal and financial data.
Is Ugami a neobank?
To clarify this question, we will start by explaining what a neobank is.
A neobank provides the same services as a traditional bank, only it is managed digitally. Like everything around us, banks also have to adapt to the digital transformation we are experiencing.
Thus, neobanks are becoming increasingly popular; and they come in many types, as some specialize in meeting the needs of certain business groups or market niches. For example, there are neobanks for gamers, musicians, influencers, self-employed people, etc.
The biggest difference between traditional banks and neobanks (besides the fact that the former offers customer service and telephone banking) is that traditional banks have more credibility worldwide and are fully licensed and recognized by governments, which is not the case with all neobanks. Many of them do not have a banking license, and some are not recognized in certain countries, so they need to partner with a traditional bank in order to guarantee their services and products. Â
Neobanks for gamers usually offer savings and checking accounts, reward cards, debit cards, money transfers, and other services. Therefore, we could say that Ugami is a neobank for gamers.