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Runa Is Changing The Game For B2C Payouts In Singapore

Written by Eleanor Hermon | Oct 25, 2023 8:02:34 AM

We’re expanding our global digital value payout network to support 30 countries, including Singapore.

In today’s hyper-connected world, connecting businesses, merchants, and consumers on a global scale is mission-critical. Runa is leading the charge. Central to our vision of transforming payout experiences is our goal to expand our global network. We’re very excited to announce that we are now live in Singapore. 

So what does this mean?

  • Efficient currency conversion: Customers around the world can instantly and efficiently convert currencies to and from Singaporean Dollars, directly in the Runa Platform. 
  • Broadened merchant network: With the addition of over 120 new Singapore-based merchants, businesses sending rewards and incentives in and out of Singapore can do so easily. Our network boasts 2,500+ payout options, giving more choice and flexibility to businesses and consumers alike. 
  • Low-cost payouts: We make it easier for global and local businesses to send fast, flexible, low-cost payouts, both within Singapore and on an international scale.

Runa is a game-changer for Singapore businesses

Singapore is leveraging tech to transform traditional sectors and eliminate friction between the government, businesses, and consumers. As businesses in Singapore increasingly look to aim to make financial transactions more seamless and efficient for all, Runa aligns perfectly with Singapore's goals.

Delighting reward-loving SG consumers

Singaporeans aren’t just tech-savvy—they’re avid participants in the digital economy. In fact, 7 in 10 consumers describe themselves as loyalty program enthusiasts. Life in tech-driven Singapore has fostered a culture where consumers are not just digitally inclined but also highly responsive to innovative solutions that enhance their daily activities. This high engagement rate represents a golden opportunity for businesses to tap into a market that values both digital interactions and rewards.

To provide Singapore’s businesses and consumers with the best, we introduced 121 local payout types to the Runa Network that cater to a wide range of consumer preferences. Our key partnerships include top merchants like Grab, 7-Eleven, Best Denki, Food Panda, IKEA, Paris Baguette, Qoo10, Zalora, Tada, and more.

Future-proof your payouts with Runa 

As we are growing our network, it is no surprise that we are onboarding new customers, all using Runa to power their unique payout experiences. We are unlocking new opportunities in gig economy payouts, disbursements, rebates, loyalty, and crypto cashout platforms. 

Get started today

Interested in working with Runa to power your payouts? Schedule a demo with us. 

Do you have a gift card or other payout type you would like to sell through the Runa Network? Get in touch.