Recently, it was announced by the app Rappi that it plans to accept payments using cryptocurrencies. Programmed together with Bitpay and Bitso, the app's customers will be able to use their wallets in the app, transforming cryptocurrencies into credits to be used within the Rappi app. To learn more about how Rappi intends to launch the new cryptocurrency payment system, read the following article.
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What are cryptocurrencies?
Although many still suspect the use of cryptocurrencies, they are already more present in everyday life than they think. These are currencies, just like money, but with the difference that they are completely digital. However, it is not issued by any government, as in the case of the real and the dollar.
The most famous of all is bitcoin, which has already surpassed the value of 60,000 US dollars. In fact, this was the cryptocurrency responsible for popularizing the subject, making many people become millionaires overnight.
Crypto at Rappi: How does it work?
The app recently revealed that it plans to accept payment in cryptocurrencies. The novelty will first be implemented in Mexico, but the company has not yet announced whether it intends to expand this option to other Rappi customer countries, such as Brazil.
Until then, cryptocurrencies will not be accepted directly by the application. For payments to take place, users will be able to connect their digital wallets from crypto brokerages to Rappi, and then convert their credits into any product available on the platform.
The list of cryptocurrencies that will be accepted on the platform has not yet been released. It is very likely that bitcoin will be one of the accepted forms of payment, but this novelty is the beginning of Rappi's ambitious plans for this digital currency market. This is an extremely important first step into the online world and how it works.
