According to the press release, by leveraging dLocal’s 360 payments platform, Zara will be able to accept local credit card payments with the option of monthly instalments. The solution allows customers to pay with both international and locally issued credit cards from Mastercard, Visa, and American Express, as well as other domestic cards such as OCA in Uruguay.
Local card acquiring is part of dLocal’s Payins solution that allows merchants to collect payments from their customers in emerging markets in their respective local currency. The major benefit for the merchant is the access to a variety of local payment methods as well as the possibility to receive funds in USD, EUR, or any other currency within the countries dLocal operates in.
Therefore, with only a single integration to dLocal’s platform, the solution enables any merchant to immediately expand to all of the following 19 emerging markets:
Latin America: Argentina, Brazil, Bolivia, Colombia, Chile, Ecuador, Mexico, Paraguay, Peru, Uruguay;
Africa: Egypt, Morocco, Nigeria, South Africa;
Asia: Bangladesh, China, India, Indonesia, Turkey.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now