August 10, 2022

Driven by Rapyd’s certified money services, the landmark partnership enables Rakuten Viber to facilitate protected and protected cross-border electronic payments instantly in just the Viber app

LONDON, July 29, 2022 /PRNewswire/ — Rapyd, the foremost worldwide fintech platform, is partnering with Rakuten Viber, a around the globe chief in non-public and protected messaging and voice-based mostly conversation, to introduce in-app payment transactions to the Viber app and its hundreds of thousands of consumers. Rapyd will integrate its accredited fiscal engineering offerings instantly into the Viber application. By picking out Rapyd as its initial official payments companion, Rakuten Viber will enter the world wide digital payments sector with a around the globe consumer foundation of hundreds of hundreds of thousands of customers and a sturdy name for stability rooted in its on-by-default stop-to-finish encryption for private communications.

The landmark partnership allows Rakuten Viber to increase into digital payments. With features driven by Rapyd, Viber consumers will be capable to store cash in a cell wallet with an IBAN, out there in the Viber application which will permit them to send and receive funds promptly and securely with no service fees. Very first opening the provider with Euros, Viber will later on grow to include several currencies and extra providers. Payments in Viber will initially get started in Greece and Germany and will roll out to a lot more nations in the close to upcoming.

About 70% of smartphone users globally – more than 180 million smartphone people – are predicted to use peer-to-peer cell payments by the yr 2026[1]. As a outcome of this integration with Rapyd, Rakuten Viber is just one of the to start with messaging platforms in the entire world to convey quick digital payments abilities into its current platform, letting hundreds of thousands of its latest users to carry out seamless electronic personalized and business enterprise transactions without obtaining to go away the Viber app.

“The long term of payments is integrated fintech, and this partnership demonstrates why we founded Rapyd in the initial place: to democratize fintech for all,” suggests Arik Shiltman, CEO of Rapyd. “We’re very pleased to offer the infrastructure and licensing for worldwide organizations like Rakuten Viber, 1 of the world’s most reliable and identified messaging and communications platforms, to produce their individual monetary expert services without the need of them acquiring to create the basis from scratch. Via this partnership, Rakuten Viber can confidently phase into the environment of payments and come to be a chief in embedded finance, supported by Rapyd’s certified conclusion-to-conclude fintech choices.”

“Rakuten Viber’s entrance into payments is sizeable each to our evolution as a enterprise and far more so for our hundreds of millions of users worldwide as we enable pave the way for the convergence of communications applications and digital payments. We understood we would only pick to work with a premium payment company husband or wife to make this evolution feasible – and this is precisely why we’re self-assured to partner with Rapyd,” claims Ofir Eyal, CEO of Rakuten Viber. “There was no question our in-application payment offerings would have to element the environment-course security and privacy protection that the Viber app is presently recognised for. For this motive we’re thrilled to have Rapyd, a trusted chief creating the upcoming of world finance, to serve as the accredited cross-border payments alternative enabling us to provide secure and simple quick payments features to Viber end users throughout borders.”

About Rapyd

Rapyd liberates world commerce, generating sophisticated intercontinental payments easy. From famous Fortune 500s to ambitious neighborhood upstarts, our payments network and potent fintech system make it easy to shell out suppliers and get paid out by customers—locally or internationally.

With offices in London, Tel Aviv, San Francisco, Denver, Dubai, Miami, Singapore, Iceland and Hong Kong, we know what it will take to make cross-border commerce as friction-absolutely free as staying following doorway. We’re boldly developing it—so you can increase your business.

Get the tools to improve globally at www.rapyd.net. Abide by: Web site, Insta, LinkedIn, Twitter.

About Rakuten Viber

Rakuten Viber connects people. No matter who they are, or where they are from. The worldwide user base has accessibility to a array of options like a single-on-one particular chats, online video calls, team messaging, and updates and discussions with their most loved brands and celebs. Viber guarantees our consumers have a safe and free of charge setting to share their thoughts. Rakuten Viber is section of Rakuten Group Inc., a globe chief in e-commerce and monetary services. It is the official fast messaging and contacting app husband or wife of the NBA’s Golden Condition Warriors.

[1] https://www.emarketer.com/material/us-mobile-peer-to-peer-payments-forecast-2022

Resource Rapyd