😠 The Uruguayan Fintech dLocal 🇺🇾 joins the PIX system 🇧🇷 as a Payment Initiation Service Provider

😠 The Uruguayan Fintech dLocal 🇺🇾 joins the PIX system 🇧🇷 as a Payment Initiation Service Provider

➡️ Brazil's Central Bank has certified dLocal, a cross-border payments specialist, as a Payment Initiation Service Provider (PISP).

➡️ This certification allows dLocal to process payments via the PIX system directly within Brazil's Open Financestructure, simplifying transactions and eliminating the need to switch to banking apps during payments.

➡️ Competitive Advantage: dLocal operates in emerging markets in Africa, Asia, and Latin America, offering its "One dLocal" solution, which centralizes payment processes through a single API, contract, and platform, streamlining operations.

➡️ Key Context: Open Finance in Brazil is supported by major banks such as Banco do Brasil, Bradesco, Itaú, and Nubank, covering 92% of the country’s banking population.

#news #Uruguay #Brazil

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