Emerging Markets Payments Leader Significantly Expands Coverage in African Countries, Supporting Local Card Payments, Mobile Payments and Payments in Côte d’Ivoire and Rwanda
MONTEVIDEO, Uruguay–(BUSINESS WIRE)–dLocal, the pioneering cross-border payment platform connecting international merchants to emerging markets, has expanded its payment network to include two new African countries, Côte d’Ivoire and Rwanda . The company now supports local payment processing in 12 African countries and 37 emerging countries in total around the world.
As part of its expansion in these two countries, dLocal will enable merchants to accept major mobile money platforms in Africa, including Orange Money, MTN, Airtel Tigo and Moov. By facilitating payments with the largest mobile money operators in Côte d’Ivoire, dLocal will enable merchants to reach 7 million Orange Money users, 6 million MTN users and 3.4 million additional Moov users. In Rwanda, Airtel Money is also a popular operator, with 1.4 million customers.
In addition to mobile money, international merchants will also be able to accept local Visa and Mastercard debit cards through the “One dLocal” concept (one direct API, one platform and one contract). While debit cards are ubiquitous and accepted in most countries, Rwandans and Ivorians generally use mobile money more.
“Africa continues to offer huge untapped opportunities in e-commerce, and people in Côte d’Ivoire and Rwanda are turning more to digital payments every day,” said Adebiyi Aromolaran, Head of expansion in Africa at dLocal. “As mobile money platforms become more popular than ever, dLocal’s ability to work with these providers will enable international merchants to accept payments regardless of platform to create opportunities for buyers and consumers. sellers at a time”.
Here are some additional benefits for merchants using One dLocal:
- Payments : Merchants can now execute local payments and deposit local cash directly to mobile money transfer services and local bank accounts in all supported African countries.
- Integration into the single programming interface : Current dLocal customers can immediately increase their revenue in these two countries through the platform’s unique programming interface, without the need for additional integration.
- defense suite : a suite of fraud management tools powered by real-time AI checks applied to potentially fraudulent transactions.
dLocal powers local payments in emerging markets by connecting global merchant businesses with billions of consumers in emerging markets across Africa, Asia, Latin America and the Middle East. Thanks to the “One dLocal” concept (one direct programming interface, one platform, one contract), global companies can accept payments, send payments, settle funds globally and issue virtual and physical debit cards white label prepaid in local currencies, without the need to manage separate inbound and outbound processors, set up multiple local entities, and integrate multiple acquirers and payment methods in each market. To learn more, please visit the following link: https://dlocal.com.
The text of the press release resulting from a translation should in no way be considered official. The only authentic version of the press release is that of the press release in its original language. The translation will always have to be compared with the source text, which will set a precedent.
We want to thank the author of this post for this remarkable content
dLocal expands its footprint in Africa and adds two new countries
You can find our social media profiles here as well as other related pages herehttps://yaroos.com/related-pages/