CHALLENGE
Cumbersome payment processes
Traditional payment capabilities pose challenges with slow processing, high costs, and security concerns. Delays in fund transfers and settlements impact cash flow and efficiency. Transaction fees and intermediaries add to the costs, affecting profitability. These limitations hinder businesses from offering efficient, cost-effective, and secure payment experiences.
SOLUTION
Faster, cheaper and safer payments
Open Banking provides a transformative solution by streamlining payments and reducing delays. It enables direct bank-to-bank transfers, minimising intermediaries and lowering costs. Open Banking empowers businesses to deliver efficient, cost-effective, and secure payment experiences to their customers.
Our partnership with Tarabut unlocks a new era for crypto asset adoption in the region. Through quick and efficient deposit mechanisms, end-users on Rain’s platform will now be able to fund their accounts and capitalise on market movements seamlessly. This integration with Tarabut cements Rain’s premium product offering in the region.
Joseph Dallago
Rain CEOFaster Settlements
With direct bank-to-bank transfers, transactions are completed instantly, providing a seamless and convenient payment experience for businesses and customers alike.
Events and Resources
Lending
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Bahrain
Regional-first via new launch of Income Verification product enables instant loans for FLOOSS consumers First and fastest digital loan service in ...
Open Banking
As we embark on 2024, the MENA region's financial outlook is poised for a transformative journey, echoing recent shifts. Fintech and open banking ...
Newsletter
As we bid farewell to an exhilarating year, join us in reflecting on another month of remarkable achievements and growth. We will also look back at ...