How Dlocal works
Assuming a marketplace named 23mercado
- When a seller opens the account with 23mercado, 23mercado need to collect any information that dlocal need to do the KYC process for sending funds to them
- When a colombia buyer pays the money in local currency to 23mercado for any sales, the money flows to 23mercado’s dlocal account
- dlocal deducts their payment fee (averagely 4%- #%) based on country and payment method
- 23mercado employees need to deduct the commission (example:5%) manually
- 23mercado employees need to add seller bank details for the payout
- TradlyPlatform team would have integrated the dlocal API to send this bulk information from 23mercado to Dlocal
- Dlocal team will process the payout of the sellers in colombia
Request in our support portal for the pricing or directly reach out to them https://dlocal.com/
Countries they serve
LATAM
Argentina
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
Mexico
Panama
Paraguay
Peru
Uruguay
Asia
Bangladesh
China
India
Indonesia
Turkey
Africa
Cameroon
Egypt
Ghana
Kenya
Morocco
Nigeria
Senegal
South Africa
Pricing
Based on the discussion with them, you can negotiate the pricing with them.