With over 50% of Latin Americans lacking credit cards or bank accounts, Tpaga has filled a crucial gap in the market by enabling users to store money via cash kiosk and make payments for a range of services, including utility bills, cell phone top-ups, and even groceries and gas stations. The company has become the first mobile wallet in Latin America to allow consumers to pay for groceries without a bank account, while also enabling unbanked merchants to receive payments without needing a POS system. Tpaga's virtual payment platform offers a real-time payment solution, with no intermediaries or handling costs for any actor, making it an accessible and convenient option for users across the region.