Arcus, FinTech-as-a-service platform supplier has introduced a partnership with retail chain 7-Eleven to
launch a set of recent FinTech cost options to their cellular app, targeted on Latin American cash-centric shoppers. 7-Eleven is leveraging Arcus’ expertise to supply an enhanced cost expertise for Latin American clients paying with money.
“The partnership with 7-Eleven is consultant of Arcus’ objective of giving everybody entry to an distinctive monetary providers expertise. Traditionally, it has been difficult for individuals who pay with money to handle their payments and for retailers to reconcile in-store money funds for exterior events. Utilizing our expertise, 7-Eleven can now provide clients a better, higher option to handle their payments and different recurring funds,” stated Edrizio De La Cruz, Arcus’ CEO and co-founder.
The 7-Eleven app, powered by Arcus’ Funds and Money to Digital options, serves as a full-service invoice cost middle, giving higher cost administration technique for patrons utilizing money. The app lets customers to maintain monitor of their cost historical past, set reminders and securely pay their payments instantaneously. Shoppers pays their invoice by creating an account, including a invoice and displaying the 7-Eleven cashier the barcode generated on their smartphone and telling them the quantity to pay and offering money for cost.
“At 7-Eleven, we need to assist make life extra handy for our clients. By introducing invoice pay providers by way of 7-Eleven’s cellular app, we’re in a position to assist our cash-centric clients with even the tightest schedules to simply and conveniently keep on high of their payments. Arcus was the best accomplice for us because of their real-time funds expertise, enabling the quickest cost options potential for our clients,” stated Hernan Motealvo Director, Director of Operations at 7-Eleven.
The app is on the market for obtain for Latin American clients by way of the Google Play retailer or iTunes App Retailer.
Ny-based Arcus is FinTech devoted to enhancing monetary well being by giving individuals a greater option to handle their funds. Its consumer portfolio consists of BBVA, Santander, Walmart, 7-Eleven and Rappi. The FinTech is backed by Kapor Capital, Winklevoss Capital, Maverick Capital, Banco Itau and others.