What customers owe you will pay your supplier
Pre-launch in Brazil. We don't pay anything early or collect any bills yet.
The money will come from what you're owed, like card sales not yet paid out or an invoice due on the 30th. It will go to your supplier, and you'll see the total cost in reais before you accept.
Duplicata 0412
Mercado Boa Esperança · At an authorized book-entry registrar
Outstanding R$18,400.00
Due Dec 30
R$17,300.00 To the supplier
R$1,100.00 Total cost
Paid to Laticínios Vale Verde · 56 days before the due date
How it will work · Later
What you're owed, and what we'll do with it
Each of these is recorded at a registry or at the bank that issued it. Nothing will be looked up without your company's go-ahead.
- Later
Upcoming card payouts
Later, you'll be able to get these paid out early, instead of waiting for each date.
- Later
Duplicatas (trade bills)
A duplicata is a Brazilian trade bill drawn from an invoice. Later, you'll be able to get it paid early or collect it.
- Next
Boletos you've issued
A boleto is a Brazilian bank payment slip. Next, you'll be able to send one and follow it until it's paid.
How it will work, in four steps
-
You give permission to look
You'll give permission for a read-only look at what your company is owed, as recorded at the registry.
Example Allow a lookup of what you're owed
Serra Azul Distribuidora Ltda.
Allow Not now
-
You see what lands, and when
Each amount you're owed will show who pays it, how much and on what date.
Example Money owed to you
- Duplicata 0412 R$18,400.00
- Card sales, October, installment 2 of 3 R$6,230.00
- Boleto 1187 R$2,150.00
-
You pick, and see the cost first
You'll choose what to get early and see the total cost first. The money will come from a named, authorized institution, not RapidPay.
Example Get duplicata 0412 paid early
Owed to you R$18,400.00
To the supplier R$17,300.00
Total cost R$1,100.00
-
Your supplier gets paid
Your supplier will get the money straight from that institution, and you'll get a receipt.
Example Pay a supplier
Laticínios Vale Verde
R$17,300.00
Paid
Sell on PayRapid, and your sales will show up here
Next Each sale approved on PayRapid will show up here as money owed to you, with the expected date of each installment.
Itaperá Treinamentos
Sale approved R$79.00 · 3 card installments
- Due Dec 14 installment 1 of 3 · R$26.34 before fees
- Due Jan 14 installment 2 of 3 · R$26.33 before fees
- Due Feb 15 installment 3 of 3 · R$26.33 before fees
It starts in Brazil
Mexico, Colombia, Chile, Argentina and Peru come later, with no date or partner yet. Each one records what a company is owed in its own way.
-
Brazil
- Card payouts
- duplicatas
- boletos
- Pix billing
-
Mexico
- Factura (CFDI)
-
Colombia
- Factura electrónica (e-invoices)
-
Chile
- Factura electrónica (e-invoices)
-
Argentina
- Factura de Crédito MiPyME, ECHEQ
-
Peru
- Factura negociable (tradable invoices)
Where RapidPay stands
-
Today
It's pre-launch. We don't read any registry, pay anything early or send out bills yet.
-
Next
PayRapid sales will show up here as money owed to you. You'll also be able to bill by boleto, or by Pix, the Central Bank of Brazil's payment system.
-
Later
A named institution will pay you early on card sales and duplicatas. Then come supplier payments and other countries, with no date yet.
Tell us what you're owed and what you need to pay
The contact form isn't open yet. The contact page explains what has to happen first.