RaiPay Mobile Payment Wallet for Raiffeisen Card Services
Services Covered:

Industry
Financial Services
Duration
91 months
Budget
Confidential
Start Date
1 January 2019
Team Size
Confidential
Engagement Model
Onshore
Project Capability Score (PCS)
74/100
Good
Project Capability Score (PCS) estimates how capable Panaxeo is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS
Client
RPC
Project Summary
RPC (a Raiffeisen Bank International card services provider) hired Panaxeo to develop RaiPay, a mobile payment wallet intended as a platform for future card-related features. The app launched across seven CEE countries and, as of November 2020, supported 250k+ cards with roughly 500k monthly transactions. Collaboration was described as effortless, with a mix of in-person and remote work and use of Jira, Google Docs, Teams and Slack.
Key Challenges
- Find a partner with mobile payment app expertise and strong UX focus
- Develop a group-wide mobile payment wallet usable across Raiffeisen banks
- Rapidly deploy a wallet across as many Raiffeisen banks in the region as possible
- Establish a platform for future advanced card-related features
Project Deliverables
- Mobile payment app (RaiPay)
- NFC payment capability
- UX prototypes and UX/UI design assets
- Quality assurance and delivery oversight
Project Solution
Panaxeo designed and developed RaiPay, a mobile payment application focused on fast, reliable payments and extendable digital payment features. The vendor provided Android development, extensive UX prototyping and design, and quality-assurance oversight, led by a project manager/architect and supported by senior staff.
Project Outcome
- RaiPay launched in 7 CEE countries
- 250k+ cards added to RaiPay
- Approximately 500k transactions processed monthly
- Smooth cooperation and delivered commitments with mix of in-person and remote work
Platforms
Mobile
Tech Stack
AndroidJira
Client Endorsement
Overall Review Rating
5
5 out of 5 stars
Timeliness
Cost Rating
Willing to Refer
Quality of Deliverables
“At the current time, the project is successfully active in seven countries with thousands of users transacting monthly. The collaboration between the two parties was effortless throughout their partnership and they delivered on all their respective commitments.”
Note: This endorsement is based on publicly available client feedback from external review sources.
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