Cross-border payments platform dLocal has secured licences and authorisations from regulatory bodies in the United Arab Emirates(UAE), Turkey, and the Philippines. 

In the UAE, the company secured payment services licence that will enable it to manage cross-border payment flows for both payins and payouts within the country.  

In Turkey, the Central Bank of the Republic of Türkiye has authorised dLocal to conduct cross-border payments through Lidio Payment Services.  

This company considers Lidio as a partner in the Turkish market, facilitating an increase in its transaction volume and operations in the region. 

In the Philippines, dLocal has been awarded a money services business licence, which permits the company to handle remittance flows in the country.  

dLocal CEO Pedro Arnt said: “Expanding our licenced footprint in key high-growth markets like the UAE, Turkey, and the Philippines is essential to our mission of unlocking the power of emerging markets and connecting financial underserved populations to the global digital economy.  

“It demonstrates our commitment to operating under the highest standards of trust and compliance, providing our global merchants with the secure and reliable access they need to reach billions of consumers.”  

These licences are the latest additions to dLocal’s portfolio, which includes over 30 licenses globally including from the Financial Conduct Authority (FCA) in the UK earlier this year. 

dLocal’s platform offers a connection for global companies to over 900 local payment methods in more than 40 countries through a single integration, facilitating various payment options such as digital wallets, instant payment networks, and bank transfers. 

Earlier in the month, dLocal partnered with Juspay, a company specialising in payment orchestration.  

This partnership is intended to integrate dLocal’s diverse range of payment methods with Juspay’s payment ecosystem, targeting markets in Africa, Asia, and Latin America.