New payment solution enables seamless global payment management for SMEs

dLocal, a technology-first payments platform enabling global business merchants to connect with billions of consumers in emerging markets, today announced the official launch of a new all-in-one payment solution to manage global platform payments in one place. dLocal for Platforms is an end-to-end payment solution for marketplaces, on-demand services and other platform business models.

The new solution allows the platform to onboard sellers, service providers or contractors on the platform itself, while dLocal gets them verified before payment. 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 withhold money until payment. Funds can be moved within the platform to debit or credit funds.

Initially soft-launched for a small group of customers, dLocal for Platforms is a scalable, secure and seamless solution for any platform business model operating in emerging markets. It provides the fastest and easiest way to accept payments and make payouts to sub-accounts within the same platform.

Of particular note, dLocal for Platforms uses a single API integration to allow users to pay in local currency as well as distribute and share payments to any number of users, while automatically setting fees or commissions before the final amount is paid out. dLocal for Platforms offers a complete package to manage platform payments from one place, including consolidated reporting, refunds and chargeback management.

Notable features and benefits of the platform include:

Fast boarding
Scalable payments
Support in several countries
Ease of use
Safety and reliability
dLocal for platforms is already live and ready to use and available on dLocal’s website.

“We have started a promising journey in Argentina. dLocal brings a flexible product and a willingness to continue developing features our sellers need. This flexibility can also be a lever to potentially expand our partnership to other markets such as Mexico and Brazil. said Rodrigo Rivera, CSO of Nuvemshopthe leading e-commerce platform in Latin America that powers more than 108,000 brands looking to launch, develop and market their own online businesses.

Federico Mazzoli, VP 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 particularly beneficial for online marketplaces, ride-sharing companies, e-commerce on social media platforms and advertisements in social media.

“We developed dLocal for platforms as a white-label payment solution,” said Federico Mazzoli in dLocal. “Anyone selling their services or products on a platform is dependent on receiving payment at the right time and in the right order. That’s where we step in to sort out the challenges they face when offering a convenient and local checkout experience, for both merchants and customers. You don’t need to connect to hundreds of different processors and much less hassle when paying to other merchants or merchants. We focused on this long-standing complexity and figured out how to simplify the process through our platform, giving merchants peace of mind when comes to payments.”