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Localpayment is a leading Payment Service Provider (PSP) that enables businesses to accept payments, send payouts, and manage cross-border transactions in multiple currencies. With a presence in 15+ countries across America, Localpayment simplifies payment processing for businesses operating in emerging markets.
Localpayment helps businesses across various industries streamline their payment operations. Here are some key use cases:
- Banks & Neobanks: Offer multi-currency accounts and cross-border payment capabilities.
- Payment Processors: Expand payment methods and geographic reach.
- Travel: Accept payments in local currencies and manage payouts to global partners.
- Marketplaces: Facilitate payouts to sellers in different countries.
- E-commerce: Accept payments from customers worldwide in their preferred currency.
- Gig Economy: Pay freelancers and contractors in their local currency.
- Remittances: Send money across borders efficiently and cost-effectively.
- Wallets: Enable users to hold and transact in multiple currencies.
- SaaS: Manage recurring payments in multiple currencies.
- Gaming: Accept payments from players globally.
- Streaming: Handle subscriptions and payouts to content creators.
- Social: Enable peer-to-peer payments and tipping.
What We Offer
- Extensive Global Reach: Process payments in over 15 countries, connecting you with a vast customer base.
- Diverse Payment Methods: Offer your customers the flexibility to pay using their preferred local method, from credit cards and bank transfers to cash and mobile payments.
- Multi-Currency Support: Process transactions in local and foreign currencies with dynamic FX conversion.
- Unified Platform: Manage payins, payouts, and treasury operations from one dashboard.
- Security and Compliance: Certified and compliant with international security standards.
- Comprehensive Reporting: Gain valuable insights into your payment flows with detailed transaction data and analytics.
Available Services
Localpayment offers a comprehensive suite of payment solutions:
Payins (Incoming Payments)
- Cash Payments: Enable customers to pay in cash through a network of local agents.
- Card Acquiring: Accept credit and debit card payments from major networks.
- Bank Transfers: Receive payments via local bank transfers.
- Virtual Accounts: Assign virtual bank accounts to users for easy reconciliation and payments.
Payouts (Outgoing Payments)
- Third-Party Transfers: Send payments to suppliers, partners, or customers.
- Cross-Border Transfers: Facilitate international payouts with competitive FX rates.
Treasury & FX Solutions
- Global Treasury: Centralized fund management across multiple regions.
- Dynamic Currency Conversion (DCC): Customers pay in their local currency while businesses receive payments in their preferred currency.
- Bulk Currency Conversion: Convert large sums between currencies at competitive rates.
- Internal & Foreign Transfers: Send money across different countries.
- International Settlements: Manage and optimize cross-border payments.
- Wire In: Receive funds into your Localpayment account from an external bank account via a wire transfer.
- Wire Out: Send funds from your Localpayment account to an external bank account via a wire transfer.
Countries of Operation
Localpayment operates in 15+ countries across America. Below is a list of key regions:
Americas
- 🇦🇷 Argentina
- 🇧🇴 Bolivia
- 🇧🇷 Brazil
- 🇨🇱 Chile
- 🇨🇴 Colombia
- 🇨🇷 Costa Rica
- 🇩🇴 Dominican Republic
- 🇬🇹 Guatemala
- 🇲🇽 Mexico
- 🇵🇦 Panama
- 🇵🇪 Peru
Available Payment Methods
Localpayment supports a wide range of payment methods, including:
- Cash Payments: Via local agents or cash collection points.
- Bank Transfers: Local and international transfers.
- Credit/Debit Cards: Visa, Mastercard, Amex, and more.
- Virtual Accounts: For easy payment reconciliation.
- Alternative Payment Methods (APMs): Mobile wallets, e-wallets, and more.
Supported Currencies
Localpayment supports transactions in multiple currencies, including:
- ARS (Argentine peso)
- AUD (Australian dollar)
- BOB (Boliviano)
- BWP (Botswana pula)
- BRL (Brazilian real)
- CAD (Canadian dollar)
- XOF (CFA franc)
- XAF (CFA franc)
- CLP (Chilean peso)
- CNH (Chinese yuan)
- COP (Colombian peso)
- CRC (Costa Rican colon)
- DKK (Danish krone)
- DOP (Dominican peso)
- EGP (Egyptian pound)
- ETB (Ethiopian birr)
- EUR (Euro)
- GHS (Ghanaian cedi)
- GTQ (Guatemalan quetzal)
- GNF (Guinean franc)
- HNL (Honduran lempira)
- HKD (Hong Kong dollar)
- JPY (Japanese yen)
- KES (Kenyan shilling)
- MWK (Malawian kwacha)
- MXN (Mexican peso)
- MZN (Mozambican metical)
- NZD (New Zealand dollar)
- NIO (Nicaraguan córdoba)
- NGN (Nigerian naira)
- PYG (Paraguayan guaraní)
- PEN (Peruvian sol)
- GBP (Pound sterling)
- ZAR (South African rand)
- CHF (Swiss franc)
- TZS (Tanzanian shilling)
- UGX (Ugandan shilling)
- USD (United States dollar)
- UYU (Uruguayan peso)
- USDC
- USDT
- ZMW (Zambian kwacha)
- ZWL (Zimbabwean dollar)
For a full list of supported currencies by country, visit our Currency Support page.
Panel
Localpayment provides a user-friendly panel to manage all your payment operations:
- Create and Manage Payins: Generate payment requests and track incoming funds.
- Payouts & Transfers: Send funds to suppliers and partners.
- View Balances: Monitor your account balances in different currencies.
- FX Conversion: Convert funds between currencies at competitive rates.
- Transaction History: Access detailed reports and analytics.
Tools and Resources
- Webhooks: Receive instant updates about transaction events such as successful payments, failed transactions, or payout statuses.
- Postman Collection: Accelerate your integration with a ready-to-use Postman collection.
- Error Handling: Information about error codes and how to resolve common integration issues.
- API Reference: Technical documentation for developers.
Relevant Information
For more details on how to get started with Localpayment, check the following resources:
- Onboarding Process: Step-by-step guide to setting up your account.
- Foreign Exchange (FX) Process: How currency exchange works within Localpayment.
- Certifications & Security: Compliance, data protection, and security measures.
- Support: Get help from our support team.
Updated 2 months ago