dLocal, a cross-border payment solutions provider, has
recently announced a strategic partnership with Papaya Global, a payroll and
payments platform. The collaboration aims to allow businesses worldwide by
facilitating the seamless management of workforce payments across various geographical
regions, particularly focusing on emerging markets.
The alliance between dLocal and Papaya Global marks a collaborative
amalgamation of their respective capabilities, with a shared objective of
facilitating efficient and localized payment solutions for global
organizations. Through this partnership, mutual customers from both platforms
gain enhanced accessibility to managing payments for employees, partners,
freelancers, and suppliers, alongside streamlining the checkout process.
Agustin Botta, Head of EMEA, dLocal, Source: LinkedIn
“In today’s payment landscape, you simply cannot go global
without thinking local,” said Agustin Botta, the Head of EMEA, dLocal.
“Leveraging dLocal’s solution tailored to specific emerging markets, mutual
customers can easily execute payments with full compliance, irrespective of the
varied payment ecosystems. Together, we are ensuring our offerings are the
highest possible quality for customers to enable them to pay anyone
anywhere.”
Presently operational in key regions such as Latin America
(including Chile, Colombia, and Mexico), Asia (covering Indonesia and Vietnam),
and Africa, the partnership endeavors to extend its footprint to additional
territories in the foreseeable future.
We are pleased to announce our new strategic partnership with @Papaya_Global , the payroll and payments platform that empowers simplified global workforce management🚀
Check out the press release below ⬇https://t.co/REkOk9ACES#partnership #globalpayrollmanagement #payout
— dLocal (@dLocalPayments) April 9, 2024
Efficiency and Compliance: The Integrated Approach
Ori Shilo, VP Business Development and Partnerships at Papaya Global, Source: LinkedIn
By leveraging their combined expertise, dLocal and Papaya
Global offer a comprehensive solution where payroll and payment processes are
seamlessly integrated. This integrated approach ensures prompt and accurate
payments while adhering to local regulations, underpinned by a robust
cross-border money transfer infrastructure that prioritizes security.
Noteworthy observations have emerged from the initial
deployment of this solution in existing markets, including substantial
increases in payment volume, enhancements in delivery rates, and a notable
decrease in customer service issues.
“The partnership with dLocal is exciting, because it
speaks to the core of our mission at Papaya,” said Ori Shilo, the VP Business
Development and Partnerships at Papaya Global. “Together, we are reshaping
the global payments landscape, ensuring a premium payment experience without
borders or compromises, and providing our customers with a strong base for
scale and growth.”
dLocal, a cross-border payment solutions provider, has
recently announced a strategic partnership with Papaya Global, a payroll and
payments platform. The collaboration aims to allow businesses worldwide by
facilitating the seamless management of workforce payments across various geographical
regions, particularly focusing on emerging markets.
The alliance between dLocal and Papaya Global marks a collaborative
amalgamation of their respective capabilities, with a shared objective of
facilitating efficient and localized payment solutions for global
organizations. Through this partnership, mutual customers from both platforms
gain enhanced accessibility to managing payments for employees, partners,
freelancers, and suppliers, alongside streamlining the checkout process.
Agustin Botta, Head of EMEA, dLocal, Source: LinkedIn
“In today’s payment landscape, you simply cannot go global
without thinking local,” said Agustin Botta, the Head of EMEA, dLocal.
“Leveraging dLocal’s solution tailored to specific emerging markets, mutual
customers can easily execute payments with full compliance, irrespective of the
varied payment ecosystems. Together, we are ensuring our offerings are the
highest possible quality for customers to enable them to pay anyone
anywhere.”
Presently operational in key regions such as Latin America
(including Chile, Colombia, and Mexico), Asia (covering Indonesia and Vietnam),
and Africa, the partnership endeavors to extend its footprint to additional
territories in the foreseeable future.
We are pleased to announce our new strategic partnership with @Papaya_Global , the payroll and payments platform that empowers simplified global workforce management🚀
Check out the press release below ⬇https://t.co/REkOk9ACES#partnership #globalpayrollmanagement #payout
— dLocal (@dLocalPayments) April 9, 2024
Efficiency and Compliance: The Integrated Approach
Ori Shilo, VP Business Development and Partnerships at Papaya Global, Source: LinkedIn
By leveraging their combined expertise, dLocal and Papaya
Global offer a comprehensive solution where payroll and payment processes are
seamlessly integrated. This integrated approach ensures prompt and accurate
payments while adhering to local regulations, underpinned by a robust
cross-border money transfer infrastructure that prioritizes security.
Noteworthy observations have emerged from the initial
deployment of this solution in existing markets, including substantial
increases in payment volume, enhancements in delivery rates, and a notable
decrease in customer service issues.
“The partnership with dLocal is exciting, because it
speaks to the core of our mission at Papaya,” said Ori Shilo, the VP Business
Development and Partnerships at Papaya Global. “Together, we are reshaping
the global payments landscape, ensuring a premium payment experience without
borders or compromises, and providing our customers with a strong base for
scale and growth.”
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- Source: https://www.financemagnates.com//fintech/payments/dlocal-and-papaya-global-join-forces-to-transform-cross-border-payments/
