7-Eleven is launching cash-to-digital payments for consumers in Latin America, which was made possible through collaboration with a fintech company named Arcus. Customers of 7-Eleven now have the ability to pay online bills in cash by using the Acrus mobile app. This is possible by cashiers at 7-Eleven locations scanning a barcode from the customer's Acrus app, and customers will then receive a receipt. Cash-to-digital payments will be processed within three business days, however, some may be processed before this.
Overall the ability to make cash-to-digital payments could provide a convenient way for people to pay online bills, especially for those who may not have convenient internet access.
The Acrus app is currently available for both Android and iOS devices.
Image Credit: Courtesy of Arcus