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dLocal Partners with Ontop to Streamline Payroll Payments in High-Growth Markets
dLocal, the leading cross-border payment platform specializing in emerging markets, today announced its strategic partnership with Ontop, a global payroll platform that facilitates salary payments from companies to remote workers around the world.
According to the Financial Stability Board 2023, fees for international payments currently average 1.5% for corporate transactions and as much as 6.3% for remittances. Additionally, such payments can take several days to reach their recipients.
By partnering with dLocal, Ontop will streamline the payment process, ensuring swift and cost-effective currency conversion to local currencies. These solutions are being introduced in key markets, including Argentina, Bangladesh, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, India, Indonesia, Mexico, Morocco, Nicaragua, Nigeria, Panama, Paraguay, Peru, Pakistan, the Philippines, South Africa, Thailand, Turkey, and Vietnam, further enhancing the financial infrastructure.
“Partnering with dLocal enables us to offer a seamless and inclusive financial experience worldwide,” says Anas Sohail, Chief Revenue Officer, at Ontop. “The integration of efficient, low-cost payment solutions is crucial to our mission of simplifying global payroll processes and empowering our users with timely and fair compensation.”
“Collaborating with Ontop underscores our commitment to financial inclusion and innovation in high-growth markets,” says Justo Benetti, SVP Head of Americas at dLocal. “We are excited to expand our services and continue providing cutting-edge payment solutions that cater to the diverse needs of remote workers globally.”
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Interswitch Partners with Temenos to Scale Digital Banking Services Across Africa
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Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Getnet Develops Infrastructure That Enables Businesses to Accept AI Agent-Initiated Payments
Getnet continues to advance its agentic commerce strategy with the launch of new artificial intelligence-powered capabilities that enable merchants to securely and efficiently accept payments initiated by AI agents
Why Banking Modernisation is More Than Just a Technology Upgrade
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Dojo Launches UK’s Most Advanced Payments Terminals, Set to Deliver Unrivalled Performance, Speed and Reliability for High Street Businesses
Dojo today unveils Dojo Go Max, its most advanced payment terminal yet, designed to help UK businesses take payments even more quickly, reliably and confidently when it matters most.
TCS Wins Multimillion-euro AI Powered Services Transformation Deal with Canada Life
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has signed a multiyear transformation and managed services agreement with Canada Life, a leading global life and pensions insurer. The partnership will support the modernisation of Canada Life’s IT infrastructure services across its European Businesses.
Telda and Mastercard Introduce Egypt’s Unified Financial Experience, Connecting Everyday Payments with Investment Access
Telda and Mastercard have joined forces to introduce a new integrated solution in Egypt, seamlessly connecting everyday payments and investment wallets within the Telda app, marking a major step toward a fully unified digital ecosystem.