Drip - Shop and pay in installments anywhere

tl;dr: Drip combines the best of Pix and a credit card. We enable customers to pay with credit and earn cashback with the speed and widespread acceptance of Pix.

———————-———————-———————-————————————
Hi everyone! We are Paulo, Bianca, and Patrick and we created Drip after working at Nubank because we believe a solution built on Pix (Brazil's new instant payment scheme) can solve several of the problems with a credit card.

🥵The problem with payments in Brazil

Brazil is pretty unique: 30% ($160B) of retail payments are already made in installments but the existing solutions are still uninspiring and 70% of the population want an alternative.

• Exorbitant credit card APRs of 400%+
• Undifferentiated credit card rewards of 0-1%
• No prevailing easy payment button (e.g. Paypal, Apple Pay)

Merchants do not get it better since they pay up to 10-20% to receive funds from a sale.

🤩Our solution

Drip combines the best of Pix and a credit card. We enable customers to pay with credit and earn 2%+ cashback with the low cost, speed, and widespread acceptance of Pix (80%+ of Brazilian e-commerce stores).

🔮How it works

1. Download our app

2. Choose your favorite store

3. Browse and shop how you like

4. Select to pay with Drip through Pix

   

💪Ask

• If you're in Brazil, try it out. We're available on iOS, Google Play
• Share feedback with us at founders@dripapp.com.br