

"Rakuten Viber's entrance into payments is significant both to our evolution as a company and more so for our hundreds of millions of users worldwide as we help pave the way for the convergence of communications apps and digital payments. 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." "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. "The future of payments is integrated fintech, and this partnership demonstrates why we founded Rapyd in the first place: to democratize fintech for all," says Arik Shiltman, CEO of Rapyd. As a result of this integration with Rapyd, Rakuten Viber is one of the first messaging platforms in the world to bring instant digital payments capabilities into its existing platform, allowing millions of its current users to conduct seamless digital personal and business transactions without having to leave the Viber app. Over 70% of smartphone users globally – more than 180 million smartphone users – are expected to use peer-to-peer mobile payments by the year 2026. Payments in Viber will initially begin in Greece and Germany and will roll out to more countries in the near future.īy selecting Rapyd as its first official payments partner, Rakuten Viber enters the global digital payments market. First opening the service with Euros, Viber will later expand to include multiple currencies and additional services. With functionality powered by Rapyd, Viber 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. The landmark partnership enables Rakuten Viber to expand into digital payments.

By selecting Rapyd as its first official payments partner, Rakuten Viber will enter the global digital payments market with a worldwide user base of hundreds of millions of consumers and a strong reputation for security rooted in its on-by-default end-to-end encryption for private communications. Rakuten is already operating what it believes is the first 5G cloud-based open radio access networks (open RANs) in Japan, and the two companies now want to spread their expertise globally.Rapyd will integrate its licensed financial technology offerings directly into the Viber app. In addition, May saw Rakuten Mobile, the mobile unit of Rakuten, partner with NEC to promote open RAN networks worldwide. The facility is located in Piliyandala and will be used by the telco to widen its cloud and IT services offering to business and government customers. In related news, June saw Dialog Axiata open another Tier 3 data centre near Colombo, Sri Lanka. This allows Dialog’s subscribers and clients to benefit from superior and assured connectivity, as their messaging experience becomes more seamless.” “Having their own developed infrastructure and a large presence in A2P messaging, Viber provides us with a high-quality A2P SMS traffic exchange. “Rakuten Viber is one of the most popular messaging apps and has a very strong position in the market,” said Ravi Sankar Vaddi, senior consultant - international business and enterprise data at Dialog Axiata. Through this partnership, more than 300 Rakuten Viber carrier seamlessly communicate with more than 16 million Dialog Axiata customers using the Rakuten Viber A2P bilateral service. “Our telecom partners will surely benefit from the new A2P communication channel we offer with Dialog Axiata to Sri Lanka.” “This partnership is a very important step for Rakuten Viber and our continued efforts to expand the company presence and footprint in the APAC region,” said Matan Barth (pictured), senior director of telecom services at Rakuten Viber The news follows years of prior cooperation between the two in international voice business, and will see Rakuten Viber act as an international Application-to-Person (A2P) messaging platform for Dialog Axiata.
