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Home / news / ๐ŸŽ‰ Great plan! Uruguay ๐Ÿ‡บ๐Ÿ‡พ partners with the U.S. ๐Ÿ‡บ๐Ÿ‡ธ and Belgium ๐Ÿ‡ง๐Ÿ‡ช to work in emerging markets
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๐ŸŽ‰ Great plan! Uruguay ๐Ÿ‡บ๐Ÿ‡พ partners with the U.S. ๐Ÿ‡บ๐Ÿ‡ธ and Belgium ๐Ÿ‡ง๐Ÿ‡ช to work in emerging markets

๐ŸŽ‰ Great plan! Uruguay ๐Ÿ‡บ๐Ÿ‡พ partners with the U.S. ๐Ÿ‡บ๐Ÿ‡ธ and Belgium ๐Ÿ‡ง๐Ÿ‡ช to work in emerging markets

To provide more low-cost products in 14 emerging markets across Africa, Asia, and Latin America, the Uruguayan fintech dLocal has partnered with Belgian Belmoney and the U.S. e-commerce platform Temu.

โžก๏ธ Belmoney leverages dLocalโ€™s infrastructure, which supports over 900 local and alternative payment methodsโ€”including bank transfers, digital wallets, and card paymentsโ€”in Bangladesh ๐Ÿ‡ง๐Ÿ‡ฉ, Ecuador ๐Ÿ‡ช๐Ÿ‡จ, Peru ๐Ÿ‡ต๐Ÿ‡ช, and Pakistan ๐Ÿ‡ต๐Ÿ‡ฐ.

โžก๏ธ The concept of โ€œOne dLocalโ€ (1 direct API, 1 platform, and 1 contract) allows creating multiple local organizations and integrating various acquirers and payment methods in each market.

โžก๏ธ In Latin America, the plan is to expand into Mexico ๐Ÿ‡ฒ๐Ÿ‡ฝ and Colombia ๐Ÿ‡จ๐Ÿ‡ด, as well as strengthen its presence in Uruguay.

The goal of this alliance is to broaden financial services for the unbanked population and give them access to affordable products on Temu.

#news #Europe #Ecuador #Peru #Uruguay #Mexico #Colombia #Africa #USA

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