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Start by creating a blank document. Select the [ Rounded Rectangle Tool (U) ]
set color to “Black” and create a ‘Rounded Rectangle’ as shown.

Right Click on layer of Rounded Rectangle and click on [ Rasterize Layer ].

Make Style
Double click the layer or go to Layers->Layer [...]

Start by creating a blank document. Select the [ Rounded Rectangle Tool (U) ]
set color to “Black” and create a ‘Rounded Rectangle’ as shown.

Right Click on layer of Rounded Rectangle and click on [ Rasterize Layer ].

Make Style
Double click the layer or go to Layers->Layer Styles->Blending options
and apply settings as shown.

The Result:

Now using the [...]