PayQuicker has partnered with dLocal which will see the expansion of its payout orchestration platform across Africa and the Middle East, Asia and Latin America. Through this collaboration, they expect to make it easier for global businesses to reach consumers in emerging markets. It will also help them manage payouts across multiple currencies.
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PayQuicker has an orchestration system that brings together different payment services under one API. The company says this allows businesses to manage complex payment needs without the need of using multiple vendors. The integration with dLocal adds access to a wider network of local payment methods and more markets.
PayQuicker can now support more than 900 local and alternative payment options with dLocal’s infrastructure. These include bank transfers and digital wallets. The partnership also brings dynamic foreign exchange capability and a broader range of instant payout solutions. Businesses using PayQuicker will be able to send funds through the payment channels that local consumers prefer. This will in the end improve] speed and lower friction.
Paul Beldham, CEO of PayQuicker, said the company wants to help businesses scale worldwide in an environment where efficiency and speed are essential. He noted that combining multiple payment systems into one API removes operational complexity. Beldham added that the partnership with dLocal strengthens PayQuicker’s offering at a time when global payments are shifting rapidly.
Horacio Raviolo, Head of Commercial Partnerships at dLocal, said the goal is to reduce barriers for companies sending money into emerging markets. He explained that merging PayQuicker’s technology with dLocal’s local payment expertise creates a smoother experience for both businesses and individuals receiving funds.
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