dLocal, a fintech company specializing in facilitating cross-border payments for global e-commerce merchants in emerging markets, announced on Tuesday Amazon has gone live with the dLocal local payments acceptance services in Chile. dLocal claims that the solution enables some of the world’s most innovative companies to gain a competitive edge in emerging countries across LATAM, APAC and MENA.
Speaking about the launch, Sebastian Kanovich, CEO of dLocal, stated:
“Amazon has a long history of pioneering online innovation and bringing e-commerce to the rest of the world. We are honored to enable Amazon customers in Chile to shop on Amazon.com with international and domestic credit cards, including interest-free installments and Amazon Prime Video subscriptions in Chilean Pesos.”
dLocal also revealed that it has been developing deep expertise in each local country it serves. Its flexible, next-generation payments technology platform supports over 300 local payment methods under one friendly, easy-to-use API. The company added:
“The platform bridges the gap between the needs of global, online enterprises and payments realities in emerging countries. dLocal operates as the local merchant of record on behalf of its clients, speeding time-to-market and minimizing operational costs. It also provides built-in, value-add services that include automated currency conversion, guaranteed fund repatriation for settlement in the U.S. or Europe, optimization of local payment operations and other localization-related advisory.”