The Latin America hotbed activity for Bitcoin and cryptocurrency adoption

 

The company has partnered with Bitso and Bitpay to allow its druggies to pay for orders with Bitcoin and other cryptocurrencies ,rappi the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments.

As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay through a trial design in Mexico. Still, it's unclear whether the Airmen plan will also enable access to the service in Brazil and other Latin American countries.

ebastián Mejia, the co-founder and chairman of Rappi, noted that cryptocurrencies won't be accepted directly by the app at this first stage. Mexico's Rappi druggies will be suitable to pay for credits with cryptocurrencies. They may also use their credits on any particulars and services available through the app.

Still, according to the institution's chairman, Rappi's plans with cryptocurrencies are much more ambitious. In addition, other integrations should be made public in the future.

In this first phase, we decided to make a product that allows our consumers to connect their digital holdalls and exchange accounts to convert cryptocurrencies into Rappi credits and therefore access all the products available within the platform.

It isn't the first time a major delivery service has incorporated Bitcoin payments. Lieferando, like Rappi, was the first of its kind to accept cryptocurrencies as payment in 2017. Grubhub teamed up with Bitcoin prices app Lolli to allow empty consumers to earn cryptocurrency on their orders.

The Latin America region has been a seedbed of exertion for Bitcoin and cryptocurrency relinquishment. According to a recent study, 75 percent of investors in Asia-Pacific and Latin American arising requests are seeking to expand their cryptocurrency investments. In September 2021, El Salvador officially came the first nation to fete Bitcoin as a legal currency.