Business

Brazilian beverage producer Ambev's fintech launches digital wallet for bars and restaurants

Through Donus app, the retailer is able to track customer payments and use the available balance to pay bills or make transactions

Photo: Donus/Courtesy
  • The application provides the money from the transaction made by the Donus POS in up to one day;
  • A survey by AB Inbev shows that more than 30% of small Brazilian retailers still do not have a bank account.

Brazil’s Ambev, a brewing company merged into Anheuser-Busch InBev, financial arm Donus launched a digital account without fees for bar and restaurant owners, a similar movement from iFood.

A survey by AB Inbev shows that more than 30% of small Brazilian retailers still do not have a bank account and another 40% do not have credit or debit cards, reported Cantarino Brasileiro‘s blog.

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Through Donus app, the retailer is able to track customer payments and use the available balance to pay bills or make transactions. Also, the application provides the money from the transaction made by the Donus POS in up to one day.

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