Rappi is leveraging Arcus’ fintech platform to give customers a way to manage their payments without leaving home during the COVID-19 crisis
Arcus, the platform making fintech possible for everyone, is partnering with Rappi, Latin America’s leading on-demand delivery startup, for their new payment app, RappiPay. Powered by Arcus, RappiPay goes beyond the typical digital wallet and banking experience, giving consumers a smarter way to manage their payments and their financial health. Those abiding by stay-at-home orders during the COVID-19 crisis can use RappiPay to manage their finances without leaving their house.
Read More: Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit
Rappi users can now pay their bills and manage their banking needs from home with RappiPay, a mobile app powered by Arcus’ fintech platform.
“We want to make life easier for our customers, particularly during this difficult time. With RappiPay, people can manage all of their financial needs from the safety of their homes,” said Alejandro Solis, General Manager for Rappi in Mexico. “Arcus was a natural partner for us, as they had the operational, technical and regional expertise needed to help us go to market quickly with an exceptional customer experience.”
Now, more than ever, consumers are managing their lives online. RappiPay helps consumers take advantage of electronic payment methods as it makes both making payments and monitoring them easier and more efficient. Powered by Arcus’ Payment Services, RappiPay allows consumers to configure recurring bills to be paid automatically, receive instant alerts, schedule payments, among other benefits. RappiPay is positioned to become the largest payment network in the region due to the low level of fintech penetration in the market. With the help of Arcus’ technology, RappiPay will enable its users to make payments by credit card, debit or cash.
“At Arcus, we believe that everyone, everywhere should have access to exceptional fintech products, services and solutions. RappiPay is leveraging our deep financial industry expertise and technology to create a better, smarter way for people to take control of their payments during this challenging time,” said Arcus co-founder and CRO, Inigo Rumayor. “We are excited to collaborate with Rappi on this initiative, which we believe is the first step in a long, promising road of fintech innovation and expansion within the Latin American market.”
Read More: GlobalFintechSeries Interview with Tim Kelly, CEO & Founder at BitOoda
