dLocal, a cross-border payments provider focusing on emerging markets, has launched its services in Indonesia, Ecuador, and Bolivia.
Merchants looking to sell in Indonesia can now support online cash payments, alongside Visa, Mastercard, JCB, and American Express credit card payments.
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By GlobalDataAdditionally, they can accept bank transfers as well as OVO and LinkAja e-wallet payments.
Merchants selling in Ecuador can accept Visa and Mastercard credit and debit card payments.
They can also support credit card payments from Alia. This will be enabled via a tie-up with digital payments platform Kushki.
Merchants selling in Bolivia can support bank transfers.
dLocal CEO Sebastian Kanovich said: “Payments infrastructure in LATAM, APAC, and MENA is fragmented and complex.
“Companies that enter these markets without the ability to accept locally-relevant payment methods are often unintentionally limiting their reach and hindering their growth.
“As part of our mission, we develop deep expertise in each local market we serve, and we’re pleased to add Indonesia, Ecuador, and Bolivia to the growing list of countries available to our clients.”
At present, the company supports more than 300 local payment methods in 15 emerging markets including Brazil, China, India, Indonesia, and Mexico.
The company’s client base of over 450 includes e-commerce retailers, SaaS companies, online travel firms, and marketplaces.
Following the recent expansion, the total market available to its clients stands at around $140bn.
