Global convenience retailer chooses Arcus platform to power new fintech solutions for customers in Latin America
Arcus, a leading fintech platform, announced a partnership with global retail chain 7-Eleven to introduce a suite of modern fintech payment solutions to their mobile app, focused on cash-centric consumers. 7-Eleven is leveraging Arcus’ technology to power a more seamless, integrated payment experience for Latin American customers paying with cash.
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Leading fintech-as-a-service provider, Arcus, today announced a partnership with global retail chain 7-Eleven to introduce a suite of modern fintech payment solutions to their mobile app in Latin America, focused on cash-centric consumers.
“The partnership with 7-Eleven is representative of Arcus’ goal of giving everyone access to an exceptional financial services experience. Historically, it has been challenging for people who pay with cash to manage their bills and for retailers to reconcile in-store cash payments for external parties,” said Edrizio De La Cruz, Arcus’ CEO and co-founder. “Using our technology, 7-Eleven can now offer customers an easier, better way to manage their bills and other recurring payments.”
The 7-Eleven app, powered by Arcus’ Payments and Cash to Digital solutions, serves as a full-service bill payment center, giving customers using cash a better way to manage their payments. With one trip to their local 7-Eleven store, app users are able to keep track of their payment history, set reminders and securely pay their bills in less than 60 seconds.
“At 7-Eleven, we want to help make life more convenient for our customers. By introducing bill pay services via 7-Eleven’s mobile app, we’re able to help our cash-centric customers with even the tightest schedules to easily and conveniently stay on top of their bills,” said Hernan Motealvo Director, Director of Operations at 7-Eleven. “Arcus was the ideal partner for us due to their real-time payments technology, enabling the fastest payment solutions possible for our customers.”
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