dLocal Becomes Certified Payment Initiation Service Provider in Brazil
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dLocal has become a certified Payment Initiation Service Provider in Brazil, allowing it to facilitate Pix payments directly within the Open Finance ecosystem. This certification, authorized by the Central Bank, enables dLocal to streamline cross-border payments without redirecting users to bank apps.
November 26, 2024 | 5:45 pm
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dLocal has been certified as a Payment Initiation Service Provider in Brazil, allowing it to facilitate Pix payments directly within the Open Finance ecosystem. This regulatory approval could enhance its service offerings and market position in Brazil.
The certification as a Payment Initiation Service Provider allows dLocal to offer more streamlined payment services in Brazil, a key market. This regulatory approval is likely to enhance dLocal's competitive position and could positively impact its stock price in the short term.
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