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It’s been a whirlwind first quarter at Runa. From expanding the Runa Network, streamlining your operations and entering into new markets, we've been focused on delivering features and expansions that drive tangible results for you and your users. We're excited to share the highlights.
Instant Global Payouts with Runa Pay to Card
Imagine sending payouts directly to your recipients' bank accounts instantly. That's exactly what we've enabled with Runa Pay to Card. Powered by Visa Direct and Mastercard Send, this is the fastest and simplest way to deliver funds to customer accounts globally.
With Runa Pay to Card you can streamline your operations with real-time delivery, unparalleled security, and 24/7 availability. No need for new APIs, contracts or integrations - it's all accessible seamlessly through Runa.
Speaking Your Users' Language: An Elevated Redemption Experience
We understand that a positive user experience hinges on accessibility. That's why we've introduced a language options in the user experience. You'll find a toggle in the top right corner of redemption journeys enabling users to select from a dropdown of languages, instantly translating the entire page.
This not only enhances accessibility and improves the recipient experience, but it also opens up new use cases for our customers, like US businesses with a large Spanish-speaking audience. For a truly slick experience, we've implemented auto-detection of the most relevant language based on user settings. Plus, this feature helps us stay compliant in regions where multi-language support is a legal requirement, and it's a critical step towards enabling languages for cross-border payments.
Runa Assure: Proactive Security for Your Peace of Mind
Security is paramount, and with Runa Assure, we're taking it to the next level. This built-in suite of functionality safeguards your payouts and revenue with proactive security measures, data protection, and advanced fraud monitoring.
Minimize risk, reduce compliance burdens, and protect your business from fraudulent activities. With features like IP allowlisting, multi-factor authentication, and adherence to global standards like ISO 27001 and GDPR, you can rest assured your payouts are secure.
Never Miss a Payout with Low Balance Notifications
We know that failed payouts can lead to frustrated recipients and damage your reputation. It is therefore critical to ensure that your balance remains topped up so all transactions can be processed as needed. That's why we've implemented low balance notifications.
We'll proactively alert you when your balance is running low, ensuring you never miss a transaction and your recipients are always satisfied. We're staying on top of it, so you can focus on your business.
Uninterrupted Rewards: Guaranteed Availability for Top Payout Choices
To ensure your payout programs run smoothly, we've taken the extra step of guaranteeing merchant availability for the most popular options. We proactively manage inventory, holding stock for these key merchants to prevent any disruptions. This eliminates the risk of payout failures due to stockouts, saving you time and resources. By ensuring that your recipients can always access their desired rewards, we help you maintain operational efficiency and build a reputation for reliability.
Expanding into India: A New Frontier
We're thrilled to announce the launch of the Runa Network in India! This expansion opens up a massive $8.9 billion gift card market, allowing you to tap into India's rapidly growing digital economy.
With Runa you can send payouts in INR without the complexities of cross-border transactions. Delight recipients with hundreds of popular local merchants like Flipkart, Myntra, and BigBasket. Launch your payouts program in India in minutes, not months, and capitalize on this dynamic market without additional costs.
India boasts the world's fifth-largest GDP and a thriving e-commerce market, making it a perfect fit for Runa's global expansion. We handle the currency conversion and regulatory complexities, so you can focus on reaching your customers.
Looking Ahead
Q1 has set a strong foundation for the rest of the year. We're committed to continuously innovating and expanding our services to meet your evolving needs.
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