Delivery service Rappi has launched a pilot program in Mexico to accept cryptocurrency payments
Rappi, one of the largest delivery companies in Latin America, has started a beta program to accept bitcoin as payment. Users will be able to use bitcoin to purchase Rappi points for later use in many of the app's services. This feature is only available to Mexican users of these services.
Rappi enters the cryptocurrency payment market
Rappi, the largest delivery service in Latin America, has decided to integrate cryptocurrencies into its app. The company, which received a valuation of more than $5 billion in a Series G funding round last year, said it will allow consumers to use cryptocurrency as a payment mechanism, allowing them to purchase Rappi points directly from the app.
These Rappi points can then be used to pay for the app's delivery services. The Colombian company, which became the first Colombian unicorn in 2018, has a presence in almost every country in Latin America, including Mexico, Costa Rica, Colombia, Peru, Ecuador, Chile, Argentina, Uruguay and Brazil. On the other hand, Rappi said that this new pilot program will be limited to Mexican customers and did not mention a possible extension.