Overview

Localpayment's Payins solution enables merchants to accept payments from customers using a variety of payment methods, including bank transfers, cash, credit/debit cards, and alternative payment methods (APMs). With a single integration, merchants can process payments in multiple currencies and countries, making it ideal for companies operating in emerging markets like Latin America. Payin solution is designed to simplify cross-border transactions while providing a seamless payment experience for end-users.

How It Works

The Payins process involves the following steps:

1. Customer Initiates Payment: The customer selects their preferred payment method (e.g., credit card, cash, or bank transfer) and provides the necessary details.
2. Payment Request: Your application sends a payment request to the Localpayment API, specifying the payment method, amount, currency, and other relevant details.
3. Payment Processing: Localpayment processes the payment based on the chosen method, handling any necessary authorization or redirection.
4. Payment Confirmation: Localpayment confirms the payment status and provides you with transaction details.
5. Notification: Your application receives real-time updates on the payment status via webhooks.

Availability

Localpayment's Payin solutions are available in multiple countries, supporting various currencies and card brands. Document types, minimum/maximum transaction amounts, and Service Level Agreements (SLAs) may vary by country and payment method.

• Countries: Localpayment operates in over 15 countries across the Americas, including:

Argentina

Bolivia

Brazil

Chile

Colombia

Costa Rica

Dominican Republic

Guatemala

Mexico

Panama

Peru

• Supported Currencies: We support multiple currencies, including USD, EUR, and various local currencies specific to each operating country.
• Card Brands: Our platform accepts major credit and debit card brands such as Visa, Mastercard, and American Express.
• Documentation Requirements: Depending on the payment method and country, certain customer identification documents may be required to comply with local regulations.
• Transaction Limits: Minimum and maximum transaction amounts vary by payment method and country.
• Service Level Agreements (SLA): Transaction processing times differ based on the payment method and region, with most transactions processed within 24 to 72 hours.

Payment methods

Localpayment supports multiple payment methods, each with its own unique flow and requirements.

• Bank Transfer: Ideal for customers preferring direct transfers from their bank accounts. Processing times may vary depending on the bank and country.
• Cash Payments: Suitable for customers who prefer to pay in cash through local agents or designated payment points. This method is prevalent in regions with lower banking penetration.
• Credit and Debit Cards: Widely used for online transactions, offering instant payment confirmation. Supports major card networks and provides a familiar payment experience for customers.
• Alternative Payment Methods (APMs): Includes options like mobile wallets and local payment schemes, catering to regional preferences and enhancing accessibility.

Payin Solutions

Localpayment provides several solutions for accepting Payins:

• Full API: Provides complete control over the payment process, allowing merchants to integrate payment functionalities directly into their platforms.
• Webcheckout: A pre-designed form for accepting payments via credit/debit cards, cash, and bank transfers.
• Payment Links: Payment links with pre-designed forms that can be easily shared with customers.
• iFrame: Allows embedding a pre-designed payment form directly into your website, providing a seamless payment experience for customers.

Features and capabilities