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What RapidPay is today, and what it isn't yet

This page says where RapidPay stands, who will provide each service and in what order things go live. We change it before each new step, not after.

RapidPay Brazil

Pre-launch

No registry lookups, early payments or billing yet.

The order things will go live in

  1. Today

    RapidPay is a name and a plan, and this site explains both. Nothing on it is live yet.

  2. Next

    Sales made on PayRapid will appear here as money owed to you, with the expected date of each installment. You'll also be able to bill by boleto and by Pix, the Central Bank of Brazil's payment system.

  3. Later

    We'll read card payouts and duplicatas at the registries, and a named, authorized institution will pay them early. Then supplier payments, and other countries with no date or partner yet.

What RapidPay is

RapidPay will let your company use what it has already sold to pay what it owes. You'll be able to get paid early on a receivable or bill a customer, and see the total cost in reais before you accept.

What RapidPay is not, and won't do

  1. It isn't a bank or an authorized institution

    A55 Payments Ltda., which owns the RapidPay brand, is not a bank and is not an institution authorized by the Central Bank of Brazil. Early payments will be funded, and bills issued, by the institutions in the table below.

  2. Today it doesn't pay anything early or collect any bills

    No registry is connected and no institution has been named. Until both happen, there is nothing to accept.

  3. It doesn't lend money

    Early payment will be offered by an authorized financial institution, or by whoever buys the receivable, named on this page. Your company will accept or decline.

  4. It won't look anything up without your authorization

    Your company will authorize each lookup at the registry and will be able to withdraw that at any time. Without it, RapidPay won't see anything.

  5. It won't promise dates it doesn't control

    When money lands depends on registries, institutions and banks. RapidPay will show the date each of them gives, not a date of its own.

  6. It won't show a rate without the total cost

    Every offer will show the total cost in reais and the CET, the yearly rate Brazilian rules use to sum up every cost, before you accept.

  7. It doesn't exchange currency

    RapidPay won't convert money between currencies. In each country, it will work in that country's own currency.

Who will provide each service

Each service will list the company that provides it, with its name, CNPJ and where to check its registration.

Service Provided by Where to check
Where receivables are recorded (registry) A Central Bank-authorized registry Not yet named Not yet named
Who connects to the registry for your company An authorized registry participant Not yet named Not yet named
Who pays early or buys the receivable An authorized financial institution, or a buyer of receivables Not yet named Not yet named
Who issues boletos and Pix charges A bank or payment institution authorized in Brazil Not yet named Not yet named

No provider is named yet. Each name goes up here, with its CNPJ and registration, before the first operation that depends on it.

Who we are

RapidPay is a brand of A55 Payments Ltda., a Brazilian company based in São Paulo. A55 Payments Ltda. is not a bank and is not an institution authorized by the Central Bank of Brazil.

Legal name
A55 Payments Ltda.
CNPJ
54.792.038/0001-73
Address
Alameda Vicente Pinzon, 54, 3rd floor, suite 3, Vila Olímpia, São Paulo, SP, 04547-130, Brazil

Your data

Today the only data this site keeps is the access log our hosting provider records. The privacy notice explains what it holds and for how long.

Read the privacy notice

Ask us anything this page leaves open

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

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