dLocal has entered into a strategic partnership with National Exchange Company to enhance remittance payout infrastructure across 18 markets spanning Africa, APAC, and Latin America. The collaboration focuses on solving one of the most persistent challenges in cross-border payments the efficiency and reliability of the “last mile.”
As global remittance volumes continue to grow, with projections reaching $270.81 billion by 2032, the need for faster, more transparent payout mechanisms has become critical. Through this partnership, National Exchange gains access to dLocal’s unified infrastructure, enabling a single API integration that connects directly to local payment systems in multiple regions. The integration allows payouts to be delivered in local currencies using region-specific payment methods. In Africa, recipients in countries such as Nigeria, Senegal, Ivory Coast, and Egypt can receive funds via bank transfers and eWallets connected to major local banks. In APAC, the Philippines corridor is supported through popular wallets including GCash, Maya, and GrabPay. In Latin America, Brazil’s PIX system enables instant, 24/7 transfers, while traditional bank transfers are available across markets such as Chile, Peru, Ecuador, Costa Rica, Guatemala, Honduras, and Paraguay. At the core of the partnership is dLocal’s “One dLocal” model, which consolidates multiple integrations into a single platform, contract, and API. For a company like National Exchange, which serves more than 5 million customers globally, this significantly reduces operational complexity while improving speed and reliability of transactions.
By connecting directly to local payment rails rather than relying on intermediaries, the system enhances delivery success rates and reduces transaction friction. This is particularly important in emerging markets, where recipients often depend on timely access to remitted funds for essential needs.
dLocal continues to position itself as a key infrastructure provider for global companies operating in high-growth markets, enabling them to navigate local payment ecosystems without establishing physical entities. Meanwhile, National Exchange leverages its extensive network of over 1,000 agents and long-standing presence in the remittance sector to expand its service capabilities and improve customer experience across international corridors.
