JAKARTA - Colombian delivery app Rappi, which has been offering on-demand delivery of food and goods across Latin America, announced Monday, April 11 that it has launched a pilot program of cryptocurrency payments in Mexico.
Rappi is working with cryptocurrency platforms, Bitpay and Bitso, to support their new service. The service will allow users to convert crypto into in-app credits to make purchases.
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"This is the first step that will allow us to learn and continue to incorporate the crypto world into Rappi," Rappi President Sebastian Mejia said in a statement quoted by Reuters.
Rappi, which operates in nine countries across Latin America, launched "Pay with Rappi" in Mexico last year to challenge Paypal and its regional rival, MercadoLibre, by offering online payments.
They also provide several financial services in Mexico, Brazil, Peru, and Chile, with plans to offer digital banking in Colombia this year.
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