dLocal, the technology-first payments platform for emerging markets, has officially launched a new all-in-one payment solution that promises to simplify the complex process of managing global platform payments. The new solution, called dLocal for Platforms, is a scalable and secure payment solution for marketplaces, on-demand services, and any other platform business models.

With dLocal for Platforms, platform businesses can onboard sellers, service providers, or contractors onto the platform itself, while dLocal verifies them before paying out. The solution also enables the platform to accept payments on behalf of its users, split payments between one or more users, deduct costs as needed, and hold funds until payout. Funds can be moved within the platform to debit or credit funds.

The key advantage of dLocal for Platforms is its ability to handle payments in local currency and distribute payments to any number of users, while automatically setting fees or commissions before paying out the final amount. The solution offers a complete suite to manage the platform’s payments from one place, including consolidated reporting, refund, and chargeback management.

According to Federico Mazzoli, VP Product at dLocal, the new solution is designed to overcome the long-standing complexity of receiving and distributing payments from different countries to different users, and will be particularly beneficial for online marketplaces, ride-sharing companies, eCommerce on social media platforms, and social media ads.

“We developed dLocal for Platforms as a white-label payment solution,” said Federico Mazzoli of dLocal. “Everyone selling their services or products on a platform, relies on receiving their payment in due time and order. That’s where we step in to sort the challenges they face when offering a convenient and local check out experience, for both, sellers and customers. No need to connect to hundreds of different processors and way less hassle when making payments to other merchants or sellers.”

The solution has already been soft-launched to a small group of customers and is now live and available on dLocal’s website. With fast onboarding, scalable payments, multi-country support, ease of use, and security and reliability, dLocal for Platforms is set to become the ultimate payment solution for global platform businesses.

Rodrigo Rivera, CSO of Nuvemshop, the leading e-commerce platform in Latin America that powers more than 108,000 brands looking to launch, develop, and promote their own online businesses, said, “We have started a promising journey in Argentina. dLocal brings a flexible product and a willingness to continue developing features our merchants need. This flexibility can also be a lever to potentially expand our partnership to other markets such as Mexico and Brazil.”