dLocal is a 360 payments technology platform designed to handle mass online payments in emerging markets such as LATAM, APAC and India.
Nominated for: Solving Problems Through Payments
dLocal is the only 360 payments technology platform designed to handle mass online payments in Latin America, Middle East, APAC and other emerging markets where banking and credit card penetration remain low. With dLocal’s platform, and a simple 1-API integration, e-commerce merchants can start accepting over 200 alternative payment methods that are unique to these markets and expand their reach to over 2 billion emerging market consumers. In addition to pay-ins, the dLocal platform also handles mass payouts, letting online retailers, digital goods companies, and marketplaces easily pay local contractors, as well as issue payments for returns. By operating as the payments processor and the merchant of record in these markets, dLocal eliminates the need to set-up local entities or integrate dozens of isolated payment methods and guarantees repatriation of funds into Europe and US making it simple for e-commerce providers to make inroads into the world’s fastest-growing emerging markets. dLocal holds an e-money licanse and is regulated as a full-fledged financial institution in the EU and is registered with FinCEN in the US as a money service business. The company is headquarererd in Montevideo, Uruguay, with regional offices in San Francisco, Tel Aviv, and London, as well as operations offices in most countries where it processes transactions.