Localpayment

About Localpayment

Localpayment enables businesses to accept payments in emerging markets by providing a single API that integrates various local payment methods. The platform simplifies cross-border transactions, ensuring regulatory compliance and maximizing payment acceptance rates. This allows businesses to expand into new markets with reduced operational complexity and costs.

```xml <problem> Businesses expanding into emerging markets face challenges in accepting payments due to the fragmented landscape of local payment methods and varying regulatory requirements. This complexity increases operational costs and reduces payment acceptance rates, hindering growth potential. </problem> <solution> Localpayment provides a unified payment platform that enables businesses to accept a wide range of local payment methods in emerging markets through a single API. The platform simplifies cross-border transactions by handling regulatory compliance, optimizing payment acceptance rates, and reducing operational complexities. Localpayment offers solutions for payins, payouts, treasury management, and FX, allowing businesses to manage their global finances efficiently. The platform supports various integration methods, including direct APIs, redirect APIs, plugins, web checkouts, and payment links, catering to different business needs and technical capabilities. </solution> <features> - Single API integration for multiple local payment methods across various emerging markets - Support for cash payments, card acquiring, bank transfers, and virtual accounts - Payout solutions for sending funds to suppliers, partners, and freelancers - Treasury and FX management tools for multi-currency and multi-country liquidity control - Dynamic Currency Conversion (DCC) and bulk currency conversion capabilities - Integration options include Direct API, Redirect API, plugins, webcheckout, and payment links - Local acquiring to maximize credit card acceptance rates - Virtual accounts for real-time reconciliation of bank transfers - Dashboard for managing global balances, performing FX, and requesting withdrawals - Compliance with GDPR and PCI Level 1 standards </features> <target_audience> Localpayment targets businesses, including banks, neobanks, payment processors, travel companies, marketplaces, e-commerce platforms, and SaaS providers, that are expanding into or operating within emerging markets. </target_audience> ```

What does Localpayment do?

Localpayment enables businesses to accept payments in emerging markets by providing a single API that integrates various local payment methods. The platform simplifies cross-border transactions, ensuring regulatory compliance and maximizing payment acceptance rates. This allows businesses to expand into new markets with reduced operational complexity and costs.

Where is Localpayment located?

Localpayment is based in Belgrano, Argentina.

When was Localpayment founded?

Localpayment was founded in 2018.

Location
Belgrano, Argentina
Founded
2018
Employees
73 employees

Localpayment

6
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Localpayment enables businesses to accept payments in emerging markets by providing a single API that integrates various local payment methods. The platform simplifies cross-border transactions, ensuring regulatory compliance and maximizing payment acceptance rates. This allows businesses to expand into new markets with reduced operational complexity and costs.

localpayment.com2K+
Founded 2018 – Belgrano, Argentina

Funding

No funding information available.

Team (50+)

No team information available.

Company Description

Problem

Businesses expanding into emerging markets face challenges in accepting payments due to the fragmented landscape of local payment methods and varying regulatory requirements. This complexity increases operational costs and reduces payment acceptance rates, hindering growth potential.

Solution

Localpayment provides a unified payment platform that enables businesses to accept a wide range of local payment methods in emerging markets through a single API. The platform simplifies cross-border transactions by handling regulatory compliance, optimizing payment acceptance rates, and reducing operational complexities. Localpayment offers solutions for payins, payouts, treasury management, and FX, allowing businesses to manage their global finances efficiently. The platform supports various integration methods, including direct APIs, redirect APIs, plugins, web checkouts, and payment links, catering to different business needs and technical capabilities.

Features

Single API integration for multiple local payment methods across various emerging markets

Support for cash payments, card acquiring, bank transfers, and virtual accounts

Payout solutions for sending funds to suppliers, partners, and freelancers

Treasury and FX management tools for multi-currency and multi-country liquidity control

Dynamic Currency Conversion (DCC) and bulk currency conversion capabilities

Integration options include Direct API, Redirect API, plugins, webcheckout, and payment links

Local acquiring to maximize credit card acceptance rates

Virtual accounts for real-time reconciliation of bank transfers

Dashboard for managing global balances, performing FX, and requesting withdrawals

Compliance with GDPR and PCI Level 1 standards

Target Audience

Localpayment targets businesses, including banks, neobanks, payment processors, travel companies, marketplaces, e-commerce platforms, and SaaS providers, that are expanding into or operating within emerging markets.

Sources:

1
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