Pre-launch.
No accounts opened. No credit granted.
How we operate
What PayRapid is today. And what it is not yet.
This page says what stage we are at, what we do not do and who provides each service. We update it before every new step.
Stage
Where we stand.
- Today
Pre-launch.
We are preparing our launch in Brazil. Only this website and the contact form are live. No account has been opened, no client money has moved and no credit has been granted. We do not publish prices or rates. The screens on this site are examples of the product.
- Next
Operating with authorised institutions.
Accounts, payments and credit will be provided by institutions authorised by the Central Bank of Brazil. PayRapid brings the product and the agents. Each institution is named on this page before the first operation.
- Later
Other countries, one at a time.
We only announce a country when there is a local partner or registration and a start date.
Refusals
What PayRapid is not and does not do.
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It is not a bank or an authorised institution.
We hold no authorisation from the Central Bank of Brazil and we do not say we do. When operations begin, accounts, payments and credit stay with authorised institutions, named on this page.
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It does not do currency exchange.
We do not convert currency and we do not send money from one country to another.
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It does not promise a deadline it does not control.
How long a payment or a credit review takes depends on who provides the service. The only deadlines stated here are the ones written in a contract.
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It does not let an agent decide credit.
The agent can propose and show the total cost. Accepting is up to you. Granting is up to the authorised institution.
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It does not advertise a rate without the total cost.
When there is a rate, it appears next to the total cost of the credit, before you accept. In Brazil that figure is called the CET. Today we advertise no rate at all.
Institutions
Who provides each service.
PayRapid does not provide financial services in its own name. Each service will have an institution that answers for it, with a name and a tax ID.
- Accounts and payments
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To be published
An institution authorised by the Central Bank of Brazil.
- Credit
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To be published
An institution authorised to grant credit.
No institution has been named yet. Names go here before the first operation, with legal name, tax ID (CNPJ), type of institution and where to check its registration.
Company
Who we are.
PayRapid is a payments and credit brand for companies, preparing to launch in Brazil. The legal name, tax ID (CNPJ) and address of the company behind it will be published here before launch.
Privacy
Data and privacy.
- We only ask for what goes in the contact form: name, company, email, country and message.
- We use it to reply to you. We do not sell it or use it for marketing.
- The data stays with the provider that hosts the site and the form. This site uses no advertising or analytics cookies.
If anything on this page is unclear, write to us. A person replies.
Talk to PayRapid