Rakuten Viber, a cross-platform voice over IP and instant messaging software application owned by Japanese multinational company Rakuten, has partnered with global fintech platform Rapyd to launch Viber Pay.
This will allow for in-app payment transactions to the Viber app for its millions of users.
As Rakuten Viber’s first official payments partner, Rapyd will integrate its licensed financial technology offerings directly into the Viber app.
Users will be able to store money in a mobile wallet with an IBAN, available in the Viber app which will allow them to send and receive money instantly and securely with no fees.
First opening the service with Euros, Viber will later expand to include multiple currencies and additional services.
Payments in Viber will initially begin in Greece and Germany and will roll out to more countries in the near future.
“We’re proud to provide the infrastructure and licensing for global companies like Rakuten Viber, one of the world’s most trusted and recognized messaging and communications platforms, to develop their own financial services without them having to build the foundation from scratch.
Through this partnership, Rakuten Viber can confidently step into the world of payments and become a leader in embedded finance, supported by Rapyd’s licensed end-to-end fintech offerings.”
said Arik Shtilman, CEO of Rapyd.
“There was no doubt our in-app payment offerings would have to feature the world-class security and privacy protection that the Viber app is already known for.
For this reason we’re thrilled to have Rapyd, a trusted leader building the future of global finance, to serve as the licensed cross-border payments solution enabling us to bring safe and simple instant payments features to Viber users across borders.”
said Ofir Eyal, CEO of Rakuten Viber.
Featured image credit: Edited from Unsplash