Powered by Rapyd’s Licensed Financial Services, Landmark Partnership Enables Rakuten Viber to Facilitate Safe and Secure Cross-Border Digital Payments Directly Within the Viber App
LONDON, July 29, 2022 /PRNewswire/ — Rapyd, the leading global fintech platform, partners with Rakuten Viber, a global leader in private and secure messaging and voice communication, to introduce in-app payment transactions Viber and its millions of users. Rapyd will integrate its licensed fintech offerings directly into the Viber app. By choosing Rapyd as its first official payment partner, Rakuten Viber will enter the global digital payments market with a global user base of hundreds of millions of consumers and a strong reputation for security rooted in its default end-to-end encryption. for private communications.
This historic partnership allows Rakuten Viber to develop in digital payments. Using the Rapyd-powered feature, Viber users will be able to store money in a mobile wallet with an IBAN, available in the Viber app, allowing them to send and receive money instantly and securely. safely, free of charge. Opening the service first with Euros, Viber will later expand to include multiple currencies and additional services. Payments in Viber will initially start in Greece and Germany and will be rolled out to other countries in the near future.
More than 70% of smartphone users worldwide – over 180 million smartphone users – are expected to use peer-to-peer mobile payments by 2026. Following this integration with Rapyd, Rakuten Viber is one of the first messaging platforms in the world to integrate instant digital payment capabilities into its existing platform, enabling millions of its current users to make seamless personal and business digital transactions without having to leave the Viber app.
“The future of payments is integrated fintech, and this partnership demonstrates why we founded Rapyd in the first place: democratizing fintech for everyone,” said Arik Shiltman, CEO of Rapyd. “We are proud to provide the infrastructure and licenses for global companies such as Rakuten Viber, one of the world’s most trusted and recognized messaging and communication platforms, to develop their own financial services without they have to build the foundation from the ground up.Through this partnership, Rakuten Viber can confidently enter the world of payments and become a leader in integrated finance, backed by end-to-end fintech offerings licensed from Rapyd .”
“Rakuten Viber’s entry into payments is important both for our evolution as a company and even more so for our hundreds of millions of users worldwide, as we help pave the way for application convergence. communications and digital payments. We knew we would only choose to work with a premium payment service partner to make this evolution possible – and that is precisely why we are confident in partnering with Rapyd,” says Ofir Eyal, CEO of Rakuten Viber. “There was no doubt that our in-app payment offerings should deliver the world-class security and privacy that the Viber app is already known for. For this reason, we are delighted to have Rapyd, a trusted leader building the future of global finance, to serve as a licensed cross-border payments solution allowing us to bring easy and secure instant payments functionality to Viber users across borders.”
Rapyd frees up global commerce by simplifying complex international payments. From famous Fortune 500s to ambitious neighborhood upstarts, our payments network and powerful fintech platform make it easy to pay suppliers and earn customers, locally or internationally.
With offices at London, Tel Aviv, San Francisco, denver, dubai, Miami, Singapore, Iceland and hong kong, we know what it takes to make cross-border trade as easy as being next door. We build it boldly so you can grow your business.
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About Rakuten Viber
Viber Rakuten connects people. It doesn’t matter who they are or where they come from. The global user base has access to a range of features such as one-to-one chats, video calls, group messaging, updates and chats with their favorite brands and celebrities. Viber guarantees our users a secure and free environment to share their emotions. Rakuten Viber is part of Rakuten Group Inc., a global leader in e-commerce and financial services. It is the official instant messaging and calling app partner of the NBA’s Golden State Warriors.