When the digital wallet launched in Germany and Greece, money could be added to it using any Mastercard or Visa card and local banks. "Viber's world-class security and privacy-protection joined with the high standards of premium payment service partners, like Rapyd, creates a simple and secure app-based alternative for conducting personal and business transactions." User-friendly payment features will allow users to connect, engage, and transact inside effortlessly and across borders without leaving their preferred messaging platform," says Ofir Eyal, CEO of Rakuten Viber. "Rakuten Viber is already one of the world's top messengers, and with fintech capabilities, Viber will extend its utility and value to make it an essential app for its hundreds of millions of users. In Greece, 91 per cent of cellphones have Viber installed, deemed one of the most secure messaging apps by Germany's Stiftung Warentest. Viber payments will launch in Germany and Greece first, then expand to more nations soon. By 2025, McKinsey predicts that the global payments market, which includes domestic transfers, international transfers, and credit card payments, will reach $2.5 trillion. Rakuten Viber enters the global digital payments sector with hundreds of millions of users worldwide and a solid reputation for security built on its on-by-default end-to-end encryption for private communications. Multiple currencies will subsequently be included, and there will also be additional services soon. With the help of this new feature, Viber users can send money to one another quickly and create a digital wallet to hold money, starting with euros. With a mobile wallet accessible through the Viber app, Rakuten Viber, a leader in private and secure messaging and voice-based communication, is entering the world of electronic payments.
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