ShopeePay Expands Cross-Border Payment Solutions with dLocal Partnership

​ShopeePay has announced an expansion of its partnership with dLocal, a notable cross-border payment platform, to enhance its services in the rapidly growing Southeast Asian market. This collaboration enables dLocal to integrate ShopeePay as a payment method for its clients, allowing merchants to facilitate both pay-ins and payouts seamlessly.

The integration will specifically benefit businesses in four emerging markets: Thailand, Malaysia, Indonesia, and the Philippines, providing them with a more versatile payment solution to cater to local and international customers. Yash Yadav, Head of Growth - APAC at dLocal, highlighted the significance of this collaboration, stating, "This collaboration will enable us to provide our international clients with a comprehensive solution for collections and disbursements across this dynamic region."

The partnership comes at a time when digital payments are increasingly becoming essential in Southeast Asia, driven by the region's burgeoning e-commerce sector. By incorporating ShopeePay, merchants utilizing dLocal can offer customers a familiar and trusted payment option, which is expected to enhance transaction efficiency and customer satisfaction.