The Pinbank, one-stop-bank-provider, joined Yuno, global payment orchestrator, to leverage the transactions of market giants such as RappiBank, the digital bank of Rappi. This goal was not only met, but exceeded expectations, as the business unit of the delivery application reached 90% of transaction approval and started to move R$ 60 million more in the first months of operation.
This was possible because the partnership allowed merchants connected to Yuno (such as app IO to take advantage of the Pinbank direct acquisition portfolio. In this way, customers had the opportunity to meet their operational demands for payments quickly and without the need for development.
RappiBank, in particular, was looking for a payment orchestration service that basically is a system that intermediates communication between everyone involved in digital payment operations.The fintech product, in particular, is available in the form of a credit card.
Felipe Negri, CEO of Pinbank, points out that the rapid integration with Yuno was an important agent to achieve the results achieved. “The strong harmony of this union shows that the constant evolution of technology is the way out for the construction of successful partnerships, which solve in a personalized way the demands of the payment area without the restriction of” segments, he says.
Julian Nunez, COO and co-founder of Yuno, points out the reasoning: “We are very happy to help such a relevant player for the market, such as Rappibank, to thrive in business. At Yuno, our goal is to improve the operation and business metrics of our customers, simplifying the complexity of managing multiple processors and payment options.l”.
Finally, Rafael Machado, Product Director at RappiBank, also confirms that the partnership between the companies has strengthened the position of the digital bank in the market.“We have been able to reinforce our commitment to offer innovative solutions that boost the satisfaction of our users”, concludes the executive.
