back Back

dLocal launches unified payment solution for online businesses

By Gloria Methri

April 19, 2023

  • Argentina
  • Brazil
  • Dlocal
Share

dLocal, dLocal for Platforms, USA, FinTech, Argentina, Mexico, Brazil, dLocal, a technology-first payments platform has launched an all-in-one payment solution to manage all global platform payments in one place. dLocal for Platforms is an end-to-end payment solution for marketplaces, on-demand services, and any other platform business models.

It enables the onboarding of sellers, service providers, or contractors onto the platform, while dLocal verifies them before paying out. It also enables the platform to accept payments on behalf of its users, split the payments between one or more users, deduct costs as needed, and hold funds until payout. Funds can be moved within the platform to debit or credit funds.

The product initially soft-launched to a small group of customers, is a scalable, secure, and seamless solution to any platform business model operating in emerging markets. It is already live and ready to use and available on dLocal’s website.

Federico Mazzoli, VP of Product at dLocal, explained that the new solution, designed to overcome the complex process of receiving and distributing payments from different countries to different users, will be beneficial for online marketplaces, ride-sharing companies, eCommerce on social media platforms and social media ads.

“We developed dLocal for Platforms as a white-label payment solution,” said Mazzoli. “Everyone selling their services or products on a platform relies on receiving their payment in due time and order. That’s where we step in to sort the challenges they face when offering a convenient and local checkout experience, for both, sellers, and customers. No need to connect to hundreds of different processors and way less hassle when making payments to other merchants or sellers. We focused on this long-standing complexity and figured out how to simplify the process through our platform, giving merchants that peace of mind when it comes to payments.”

Previous Article

April 19, 2023

Liberty Bank launches Owners Bank, a digital bank for SMBs

Read More
Next Article

April 20, 2023

Jordan Ahli Bank launches its new AI system ‘ahliGPT’

Read More








IBSi Daily News Analysis

Cybersecurity, financial services

May 17, 2024

Argentina

Most of KSA organizations uses AI in their cybersecurity strategies, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Are payment failures hindering subscriber growth?

Read More

Today

SumUp offers Direct Debits for merchants in the UK

Read More

Today

Zwipe taps Ermes srl to distribute biometric access cards in Italy

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023