an alternative food delivery app, developed by Purple Ventures Co., Ltd, a subsidiary of SCB 10X, aimed to support at least 16,000 small restaurants and merchants to adopt digital platform supporting sales and help reduce high cost from joining online platforms.
Robinhood does not charge Gross Profit (GP) fees, bundled with hourly sales settlement, making fund available in merchants’ accounts within one hour. This boosts merchants’ liquidity to help them with their next-day operations during the current economic crisis. At the same time help provide jobs for another 10,000 riders during a time of increasing unemployment.
With the app’s 100% digital cashless payment platform, Robinhood riders can earn money without having to advance their own cash for customer food orders. Customers can directly pay merchants via direct debit on the SCB EASY app, or credit, debit, and cash cards. Customers can also enjoy a wider variety of famous food from small neighborhood vendors as well as those available exclusively on the app. Purple Ventures aims to continuously improve Robinhood app from feedback and suggestions from all parties.