dLocal and Western Union Join Forces to Boost Digital Payments in Latin America

dLocal (NASDAQ: DLO), the leading cross-border payment platform connecting global merchants to emerging markets, and Western Union® (NYSE: WU), a global leader in cross-border money transfers, today announced a strategic partnership to enable digital payment methods on Western Union’s online platforms in Latin America.

Strategic regional impact

The agreement aims to offer Western Union customers a faster, more modern payment experience tailored to local habits and needs, by integrating local and alternative payment methods into the brand’s digital channels, such as cards and bank transfers in Chile, Mexico, Peru, Panama, Argentina, and Brazil, with strong potential to expand to other markets in the region.

This collaboration between dLocal and Western Union will broaden the range of payment solutions available to remittance customers, giving them greater autonomy and flexibility to choose how, when, and from where to manage their international money transfers according to their preferences and needs.

Additionally, the partnership will foster the growth of the digital ecosystem in Latin America, creating new business opportunities in segments with high adoption of digital solutions.

“Our collaboration with Western Union reflects our commitment to driving digital remittances in emerging markets, helping reduce costs, speed up transfers, and offer payment options tailored to users’ local preferences,” said Joaquin Moreno, VP of Sales America at dLocal. “By integrating our payment network into their platform, we are not only enabling access to local and alternative payment methods, but also enhancing the sending and receiving experience for remittances across Latin America.”

“Behind every transfer there is a story that connects families and communities. Our goal is to keep delivering more and better solutions for our customers,” said Mauricio García, President of Western Union for Latin America and the Caribbean. “This partnership fills us with pride, as it brings us closer to our purpose of enabling meaningful connections through modern, accessible, and personalized financial services.”

The collaboration comes at a pivotal moment for the region, as remittances and digital channel adoption continue to rise. In 2024, according to the Inter-American Development Bank, Latin America and the Caribbean reached a record USD 161 billion in remittances, with nearly half of transactions already taking place through digital channels. With this integration, dLocal and Western Union take an important step in supporting that evolution and enhancing the experience for the millions of people who rely on these services every day.