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dLocal and Papaya Global partner for LATAM, EMEA, & APAC expansion

By Delisha Fernandes

April 10, 2024

  • APAC
  • Cross Border Payment
  • Dlocal
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dLocal, Papaya GlobaldLocal, a cross-border payment platform, has announced its strategic partnership with payroll and payments platform Papaya Global.

The new partnership sees the two platforms join forces to enable companies to easily handle workforce payments globally, including across emerging markets.

The partnership between dLocal and Papaya Global represents a powerful fusion of capabilities, on a mission to enable global organizations to pay employees anywhere in the world, on time, and in local currencies. Mutual customers of dLocal and Papaya, are now able to easily pay their employees, partners, freelancers, and suppliers, as well as simplify the checkout process.

“In today’s payment landscape, you simply cannot go global without thinking local,” said Agustin Botta, Head of EMEA, dLocal. “Leveraging dLocal’s solution tailored to specific emerging markets, mutual customers can easily execute payments with full compliance, irrespective of the varied payment ecosystems. Together, we are ensuring our offerings are the highest possible quality for customers to enable them to pay anyone, anywhere.”

The partnership is live in Latin America – including Chile, Colombia, and Mexico, Asia, including Indonesia and Vietnam, and Africa, with plans to expand to additional territories.

Together, dLocal and Papaya provide a holistic solution in which payroll and payment processes are fully streamlined. This approach enables fast and accurate payments that are fully compliant with ever-changing local regulations and rely on a fully secured cross-border money transfer infrastructure.

In current markets where customers are utilizing the solution, significant increases in payment volume, delivery rate improvements, and a reduction of customer service issues have been observed.

“The partnership with dLocal is exciting, because it speaks to the core of our mission at Papaya,” said Ori Shilo, VP Business Development and Partnerships at Papaya Global. “Together, we are reshaping the global payments landscape, ensuring a premium payment experience without borders or compromises, and providing our customers with a strong base for scale and growth.”

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