by Cross-border Payments Platform DLOCAL has protected licenses and authorizations from regulatory authorities in the United Arab Emirates (VAE), Turkey and the Philippines.
In the VAE, the company has protected a license for payment services that will enable it to manage cross -border payment flows for both payments and payments within the country.
In Turkey, the Central Bank of the Republic of Türkiye Dlocal has authorized to make cross -border payments through Lidio Payment Services.
This company regards Lidio as a partner on the Turkish market and facilitates an increase in transaction volume and activities in the region.
In the Philippines, Dlocal has received a business business license, allowing the company to handle transfer flows in the country.
Dlocal CEO Pedro Arnt said: “The expansion of our licensed footprint in important fast -growing markets such as the VAE, Turkey and the Philippines is essential for our mission to unlock the power of emerging markets and to connect financial disadvantaged population with the worldwide digital economy.
“It shows our dedication to operate under the highest standards of trust and compliance, giving our global traders the safe and reliable access they need to reach billions of consumers.”
These licenses are the latest additions to the Dlocal portfolio, which include more than 30 licenses worldwide, including from the Financial Conduct Authority (FCA) in the UK earlier this year.
The Dlocal platform provides a connection for global companies with more than 900 local payment methods in more than 40 countries through a single integration, which facilitates various payment options, such as digital portfolios, instant payment networks and bank transfers.
Earlier in the month, Dlocal worked together with JUSPAY, a company that specializes in payment orchestation.
This partnership is intended to integrate the various range of payment methods of DLOCAL with the Payment Ecosystem of JUSPAY, aimed at markets in Africa, Asia and Latin -Marikika.
“DLOCAL receives payment litter in the VAE, Turkey and Philippines” was originally made and published by Electronic Payments International, a Global Data brand.
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