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Rappi partners with Arcus to deliver mobile bill pay services

Arcus, a provider of fully integrated core banking infrastructure for FinTechs and banks, has announced that the company has partnered with Rappi, Latin America’s on-demand delivery startup, for their new payment app, RappiPay.

Since the start of the coronavirus (COVID-19), consumer demand for digital banking has never been greater. Rappi is leveraging Arcus’ FinTech platform to help customers manage their payments without leaving home during the coronavirus crisis.

Rappi Pay started by allowing transfers between app users before introducing QR Code payments. The company now handles transactions beyond the Internet, provides better rewards programs including cashback offers, commission-free withdrawals, transparency among the many.

“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. 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,” said Alejandro Solis, General Manager for Rappi in Mexico.

RappiPay helps consumers take advantage of electronic payment methods as it makes payment initiation and monitoring effective. It allows consumers to configure recurring bills to be paid automatically, schedule payments, receive instant alerts, among other benefits. It also enables customers to pay by credit card, debit or cash. It is available for download in Mexico in the Apple Store and Google Play.

“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, 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,” said Arcus co-founder and CRO, Inigo Rumayor.

New York-based Arcus is a global platform that banks and remittance companies use to let their consumers track and pay bills. Its client portfolio includes BBVA, Santander, Walmart, and Rappi. The company has recently partnered with 7-Eleven to launch FinTech payment solutions in LATAM.

Founded in 2015, Mexico based Rappi is a consumer tech startup providing of digital App. It has presence in more than 100 cities and 9 Latin American countries, including Mexico City, Queretaro, Guadalajara, Monterrey, Bogota, Buenos Aires and Sao Paulo, among many others.

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