

Recently, Viber was purchased by Rakuten, which is one of the largest online retailers in the world. It might even be used to handle commercial discussions and negotiations. There are lots of people in Ukraine who use this application to communicate with family members and friends on a regular basis. Ukraine seems to be the country that has the most people using it. Overall, there are more than 1 billion people who use Viber regularly, and the app has expanded into more than 190 countries.

It has grown significantly during the past few years. Ranta added that expanding payments internationally requires complying with country-specific regulations on how to handle payment-card and personal information.There are a lot of instant messaging apps available, and one of the most popular examples is called Viber. “Unless you’re moving using a credit card and you’re using the protocol along with that, there isn’t way to make money,” Ranta said.

The issue may be turning this into a profitable business. users.īut Viber would be bolstered by its large customer base, Ranta said. , said Mark Ranta, head of digital solutions at ACI Worldwide. The existing heavyweights in the mobile-payments field include Venmo and the original payment processor PayPal It was founded in 2010 in Israel and has its headquarters in Tel Aviv. Viber was acquired in 2014 by Japanese online retailer Rakuten Inc. Viber has 606 million users worldwide, up from 460 million in November 2014, according to the company. The area of mobile payments is certainly one that interests us and we’ll have more information in due course,” Mark Hardy, the chief marketing officer of Viber, wrote in an email to MarketWatch. “Viber is constantly in the process of Research and Development and looking into potential new services for our us.
