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 leading cross-border payment platform that connects international merchants in emerging markets, has expanded its payment network to include two new countries in Africa, Côte d’Ivoire and Rwanda. The company now supports local payment processing in 12 countries in Africa and 37 emerging countries across the globe.
As part of its expansion into these two countries, dLocal will allow merchants to accommodate major mobile money platforms in Africa, including Orange Money, MTN, Airtel Tigo and Moov. By facilitating payments with the largest mobile money operator in Côte d’Ivoire, dLocal will allow 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 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 typically use mobile money.
“Africa continues to offer huge unused e-commerce opportunities, and people in Côte d’Ivoire and Rwanda are increasingly turning to digital payments every day,” said Adebiyi Aromolaran , Leader of African expansion at dLocal. “As mobile money platforms become more popular than ever, dLocal’s ability to collaborate with these providers will allow international merchants to accept payments regardless of the platform to create opportunities for consumers. and buyers. sellers at the same time. ”
Here are some additional benefits for merchants using One dLocal:
- Payments : Merchants can now make local payments and deposit local cash directly into mobile money transfer services and local bank accounts in all supported countries in Africa.
- Integration into a programming interface : Current dLocal customers can instantly increase their revenue in these two countries through the platform’s unique programming interface, without the need for additional integration.
- defense suite : a set of fraud management tools powered by real-time AI checks applied to potentially fraudulent transactions.
DLocal strengthens 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 (a direct programming interface, a platform, a contract), global companies can receive payments, send payments, settle funds around the world and issue virtual and physical white-label debit cards prepaid in local currencies, without the need to manage separate incoming and outgoing processors, set up multiple local entities, and combine multiple acquirers and method of payment in each market. To learn more, please visit the following link: https://dlocal.com.
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