dLocal Launches dLocal Go to Help Small Businesses Start, Grow and Succeed in Emerging Markets Around the World

Rhea-AI Summary

dLocal has launched dLocal Go, a new online platform designed for small and medium-sized businesses to process payments easily in emerging markets across Latin America, Africa, and Asia. This self-service tool enables businesses to accept over 700 payment methods in 35 countries, enhancing sales potential by allowing local currency transactions without the need for physical presence. The platform aims to simplify compliance and technical issues, providing secure payment experiences and reducing chargebacks through an integrated fraud prevention network.

Positive

• Launch of dLocal Go enhances payment processing capabilities for small and medium-sized businesses.
• Supports over 700 payment methods in 35 emerging markets, boosting potential sales.
• Simplifies compliance, allowing businesses to operate without local entities.
• Integrates easily with eCommerce platforms like Shopify, facilitating immediate use.

Negative

• None.

New service will provide fast and simple ways to process payments in Latin America, Africa and Asia to help small businesses and entrepreneurs

MONTEVIDEO, Uruguay--(BUSINESS WIRE)-- dLocal, the leading payment platform connecting global merchants to emerging markets, today announced a new offering, dLocal Go, an online platform for entrepreneurs, startups, and small and medium-sized business owners to process payments and access other financial services in emerging markets around the world.

For many small businesses that want to launch internationally, accepting just credit card payments means a high potential for missed sales. dLocal Go solves this problem by offering a self-service platform to launch in minutes the processing of local payments in Latin America, Africa, and Asia. The online platform was designed to help small and medium-sized businesses boost sales as they expand into international and regional markets without having to be present in those countries. dLocal Go removes the hassles of compliance, legal and technical issues that come with setting up payments in an emerging market.

dLocal now accepts more than 700 payment methods in 35 emerging markets. This means dLocal Go will help companies receive payments in local currencies and be able to convert it in dollars, euros or any other local currency in which dLocal operates.

“Entrepreneurs have a vision to start, grow and succeed with their business, and are important engines for prosperity,” said Rodrigo Sanchez Prandi, Senior Vice President of Product at dLocal. “With dLocal Go, those visionaries will now have the payment and financial technology tools to reach billions of customers in Latin America, Africa and Asia with a simple, easy and fast solution in minutes. We’re excited to launch this product to help support these high-potential companies achieve their growth ambitions abroad.”

With one account, dLocal Go will allow entrepreneurs to operate in over 35 countries without having on the ground entities in compliance with local regulations. dLocal Go gives these businesses the ability to turn on and off markets based on sales needs. The service also grants access to dLocal’s world-class fraud prevention network to reduce chargebacks while providing a secure payment experience for a small or medium-sized businesses’ customers. There is no need for coding or website changes. It is designed to plug and play with Shopify, Shopify Plus and other eCommerce Platforms.

To learn more about dLocal Go or to open an account, go to https://dlocal.com/go/.

About dLocal

dLocal powers local payments in emerging markets connecting global enterprise merchants with billions of emerging market consumers across Africa, Asia, Latin America, and the Middle East. Through the “One dLocal” concept (one API, one platform, one contract), global companies can accept payments, send pay-outs, settle funds globally, and issue white label prepaid virtual and physical debit cards in local currencies, without the need to manage separate pay-in and payout processors, set up numerous local entities, and integrate multiple acquirers and payment methods in each market. Learn more at https://dlocal.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220505005216/en/

Media

Fred Baldassaro

dlocal@backbaycommunications.com

Company

Paula Villamarin

pvillamarin@dlocal.com

Source: dLocal

FAQ

What is dLocal Go?

dLocal Go is an online platform that allows small and medium-sized businesses to process payments in emerging markets.

Which regions does dLocal Go support?

dLocal Go supports payments in Latin America, Africa, and Asia.

How many payment methods does dLocal Go accept?

dLocal Go accepts over 700 payment methods.

What is the benefit of using dLocal Go for entrepreneurs?

dLocal Go allows entrepreneurs to accept local payments and currencies without requiring a physical presence in those regions.

When was dLocal Go launched?

dLocal Go was announced in the press release dated May 5, 2022.