dLocal and ShopeePay announce payment partnership across Asia
dLocal’s partnership with ShopeePay solidifies the fintech’s presence in Asia by expanding the payment method coverage.
Montevideo, Uruguay, September 24th, 2024 - dLocal, the leading cross-border payment platform specializing in emerging markets, is proud to announce the expansion of its partnership with ShopeePay, one of Asia’s leading regional mobile wallets. This partnership enables dLocal to offer ShopeePay as a payment method for its clients, facilitating both payins and payouts.
With this expansion, dLocal merchants will have the opportunity to allow their users to make payments for goods and services through ShopeePay seamlessly in four new emerging markets: Thailand, Malaysia, Indonesia, and the Philippines. In addition, dLocal and ShopeePay Thailand are also expanding to provide payout services for merchants. This move significantly broadens the reach of ShopeePay, allowing dLocal clients to cater to an estimated additional 200M+ e-commerce customers in Asia.
Yash Yadav, Head of Growth - APAC of dLocal: "We are excited to partner with ShopeePay, a leading player in Southeast Asia's digital payment landscape. This collaboration will enable us to provide our international clients with a comprehensive solution for collections and disbursements across this dynamic region. Together, we will unlock new growth opportunities for businesses and offer a more convenient payment experience for consumers."
About dLocal:
dLocal powers local payments in high-growth markets, connecting global enterprise merchants with billions of high-growth market consumers across Africa, Asia, and Latin America. Through the "One dLocal" concept (one direct API, one platform, and one contract), global companies can accept payments, send payouts, and settle funds globally without the need to manage separate pay-in and pay-out processors, set up numerous local entities, and integrate multiple acquirers and payment methods in each market.
For more information, visit: https://dlocal.com.
About ShopeePay:
ShopeePay is SeaMoney’s mobile wallet, which provides users with easy access to digital payment services. Our mobile wallet provides users with a fast and secure way to make online payments, transfer funds and pay offline at thousands of our merchant partner locations. Through creating a more inclusive digital financial ecosystem, we enable our users to participate in the growth of the digital economy and better their lives through technology.
For more information, visit: https://shopeepay.com/