Delivery app Rappi begins accepting cryptocurrency in Mexico

Colombian delivery app Rappi, which offers on-demand deliveries of food and other goods across Latin America, said on Monday it has launched a cryptocurrency payment pilot program in Mexico.

Together with cryptocurrency platforms Bitpay and Bitso, which will back the service, Rappi will let users pay with cryptocurrency to make purchases, Rappi said.

"It's a first step that will allow us to learn and continue incorporating the crypto world into Rappi", Rappi President Sebastian Mejia stated.

Rappi operates in nine countries across Latin America. They launched "Pay with Rappi" in order to challenge Paypal and regional rival MercadoLibre by offering online payments.

Rappi also provides financial services in Mexico, Brazil, Peru and Chile and also plans to offer digital banking in Colombia this year.