Case Study: Raiffeisen Bank scales RaiPay to a 7-country payments app with Panaxeo

Raiffeisen Bank powers RaiPay to 50,000+ daily transactions with Panaxeo

The customer, Raiffeisen Bank, required a partner to help evolve its initial mobile wallet into a comprehensive, secure, and user-friendly payments application for its clients across multiple countries. They partnered with Panaxeo to build and continuously develop the RaiPay app, ensuring it could adapt to new features and design standards while maintaining a high level of security and usability.

Panaxeo designed the RaiPay product from scratch and guided it through multiple generations of redesigns and a transition to a new design system. The solution included features like peer-to-peer transfers, digital cards, and loyalty card storage, resulting in a successful rollout. The measurable impact includes a 4.6-star average rating on Google Play and the app securely processing a high volume of transactions for its 700,000 active users.

Raiffeisen Bank