Top Latin America delivery app to accept crypto

Rappi, the astir fashionable transportation work successful Latin America, is moving with Bitso and Bitpay to judge Bitcoin (BTC) and different cryptocurrency payments.

As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay done a proceedings task successful Mexico. However, it's unclear whether the aviator program volition besides alteration entree to the work successful Brazil and different Latin American countries.

In Mexico, Rappi, a Colombian transportation app with operations successful 9 Latin American countries, has launched a crypto payments aviator program. Customers volition beryllium capable to person crypto into credits that tin subsequently beryllium utilized to implicit purchases connected Rappi's platform.

— Crypto Goddy (@CryptoGoddy) April 12, 2022

Sebastián Mejia, the co-founder and president of Rappi, noted that cryptocurrencies volition not beryllium accepted straight by the app astatine this archetypal stage. Mexico's Rappi users volition beryllium capable to wage for credits with cryptocurrencies. They whitethorn past usage their credits connected immoderate items and services disposable done the app.

However, according to the institution's president, Rappi's plans with cryptocurrencies are overmuch much ambitious. In addition, different integrations should beryllium made nationalist successful the future. He noted that:

“In this archetypal phase, we decided to physique a merchandise that allows our consumers to link their integer wallets and speech accounts to person cryptocurrencies into Rappi credits and frankincense entree each the products disposable wrong the platform."

It is not the archetypal clip a large transportation work has incorporated Bitcoin payments. Lieferando, similar Rappi, was the archetypal of its benignant to judge cryptocurrencies arsenic outgo successful 2017. Grubhub teamed up with Bitcoin rewards app Lolli to let bare consumers to gain cryptocurrency connected their orders.

Related: Crypto acquisition tin bring fiscal empowerment to Latin Americans

The Latin America portion has been a hotbed of enactment for Bitcoin and cryptocurrency adoption. According to a caller study, 75 percent of investors successful Asia-Pacific and Latin American emerging markets are seeking to grow their cryptocurrency investments. In September 2021, El Salvador officially became the archetypal federation to recognize Bitcoin arsenic a ineligible currency.