dLocal & ShopeePay to expand payment solutions in Asia

By Gloria Mathias

dLocal, a cross-border payment platform specializing in emerging markets, has expanded its partnership with ShopeePay, one of Asia’s regional mobile wallets.

This partnership enables dLocal to offer ShopeePay as a payment method for its clients, facilitating both pay-ins and payouts.

With this expansion, dLocal merchants will have the opportunity to allow their users to make payments for goods and services through ShopeePay seamlessly in four new emerging markets: Thailand, Malaysia, Indonesia, and the Philippines. In addition, dLocal and ShopeePay Thailand are also expanding to provide payout services for merchants. This move broadens the reach of ShopeePay, allowing dLocal clients to cater to an estimated additional 200 million+ eCommerce customers in Asia.

Yash Yadav, Head of Growth, APAC, of dLocal, shared, “We are excited to partner with ShopeePay, a player in Southeast Asia’s digital payment landscape. This collaboration will enable us to provide our international clients with a comprehensive solution for collections and disbursements across this dynamic region. Together, we will unlock new growth opportunities for businesses and offer a more convenient payment experience for consumers.”

dLocal powers local payments in high-growth markets, connecting global enterprise merchants with billions of high-growth market consumers across Africa, Asia, and Latin America.

ShopeePay is SeaMoney’s mobile wallet, which provides users with easy access to digital payment services. It is a fast and secure way to make online payments, transfer funds, and pay offline at thousands of merchant partner locations.

dLocal’s partnership with ShopeePay solidifies FinTech’s presence in Asia by expanding the payment method coverage.