This Mobile Payment Platform Has Become The Apple Wallet Of Brazil

Peace and Freedom

By Julian Mitchell 

I cover entrepreneurs and startups disrupting industries.  

RecargaPay is a mobile payment platform and wallet for Brazil.

Photo courtesy of RecargaPay

RecargaPay is a mobile payment platform and wallet for Brazil.

More than 80% of Latin America pays for their prepaid mobile credit in cash. As a result, a massive segment of the population has grown accustomed to spending hours in line to pay for a digital product.

However, despite continuing to follow a very antiquated process, the mobile prepaid market in Latin America accounts for over 500 million phones and 10 billion top-ups annually. This is due, in part…

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