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From your go-ahead to a paid supplier, step by step

Pre-launch. Nothing on this page is live yet.

Follow one duplicata from the moment your company authorizes the lookup to the moment your supplier is paid. Every screen here is an Example of what's coming, with made-up names and amounts.

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
A metalworker in an apron stands at his workshop bench reading an order on a clipboard on the wall.

Five steps, in the order they'll happen

  1. You give permission

    Your company will give permission to look up what it's owed at the registry, through a participant the registry has authorized. Until you choose something, we can only look.

    Example

    Allow a lookup of what you're owed

    Serra Azul Distribuidora Ltda.

    Where: an authorized registry

    RapidPay will see amounts, dates and who pays. It won't change anything.

    Allow Not now

  2. What you're owed appears

    Each amount will show who pays it, how much it is, when it's due and where it stands.

    Example

    Money owed to you

    Total outstanding R$36,580.00
    Receivable Paid by Due Amount Status
    Duplicata 0412 Mercado Boa Esperança Dec 30 R$18,400.00 Outstanding
    Card sales, October, installment 2 of 3 Card acquirer Dec 15 R$6,230.00 Outstanding
    Boleto 1187 Padaria Trigo Fino Dec 21 R$2,150.00 Outstanding
    Duplicata 0398 Mercado Boa Esperança Jan 15 R$9,800.00 Outstanding

  3. You choose and see the math

    Before you accept anything, the math will be written out. What you're owed equals what goes to the supplier plus the total cost.

    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

    You see the total cost before you accept.

    Ask for an offer Needs your approval

  4. An authorized institution pays it early

    The money will come from an institution with Central Bank authorization, or from a buyer of the receivable, which we'll name before the first operation. RapidPay doesn't lend money.

    Example

    Early payment offer

    From: authorized institution, name to be published

    Total cost
    R$1,100.00
    CET
    49.4% a year

    Accept Decline Offer received

  5. Your supplier gets paid

    The money will go straight from the institution to the company you owe, with a receipt you can show them.

    Example

    Pay a supplier

    Laticínios Vale Verde

    Account at the supplier's bank

    R$17,300.00

    Paid to Laticínios Vale Verde

    See the receipt

Billing customers by boleto and Pix

Next Your company will be able to send a boleto or a Pix charge and follow it until the money lands. Pix is the Central Bank of Brazil's payment system.

Example

Padaria Trigo Fino

R$2,150.00 Due Dec 21

Pix or boleto

Pix

Send the bill

  1. Outstanding
  2. Received

How to read a receivable line

The two bars are the same length. The top one is what you're owed, and the bottom one shows where that money went.

  • Outline means not received yet
  • Solid means paid
  • Length is the amount. The total cost takes its slice of the bottom bar.
Example

Duplicata 0412

Outstanding Paid early

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

Sales on PayRapid will arrive here as money owed to you

Next Each sale made on PayRapid will appear on this list with the expected date of every installment.

Go to PayRapid

Example

Itaperá Treinamentos

Sale approved R$79.00 · 3 card installments

  1. Due Dec 14 installment 1 of 3 · R$26.34 before fees
  2. Due Jan 14 installment 2 of 3 · R$26.33 before fees
  3. Due Feb 15 installment 3 of 3 · R$26.33 before fees

What RapidPay won't do

  • No credit decisions on your behalf

    Your company will accept or decline. The named institution will decide whether to advance the money.

  • No advance before you see the total cost

    The total cost will be shown in reais, next to the amount, before you accept.

  • No lookup without your authorization

    RapidPay will only look up what your company has authorized, and your company will be able to withdraw that at any time.

  • No promised dates it can't control

    When money lands depends on the registry, the institution and the banks. RapidPay won't promise a date it doesn't control.

What comes next, and what comes later

  1. Today

    Pre-launch

  2. Next

    PayRapid sales will show up here as money owed to you, and you'll be able to bill customers by boleto and Pix.

  3. Later

    A named institution will pay you early on card sales and duplicatas. Then come supplier payments and other countries, with no date yet.

Read how we operate

Tell us which bill can't wait

The contact form isn't open yet. The contact page explains what has to happen first.

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