dLocal for Platforms Brings Cashless Solution to inDrive Brazil

  • Payments
  • 26.10.2023 03:50 pm

inDrive, a global mobility and urban services platform, has added a new payment solution to its app in Brazil thanks to dLocal, a technology-first payments platform enabling global enterprises to connect with billions of consumers in emerging markets.

The latest integration between dLocal and inDrive is dLocal for Platforms, dLocal's payment infrastructure for marketplaces unveiled in April of 2023. Platforms allows for the fastest and easiest way to accept payments and disburse funds to sub-accounts within a single solution. inDrive has recently launched the all-in-one product in Brazil to employ cashless solutions for its riders and drivers.

Brazil is the first location globally that inDrive has implemented a cashless solution. By utilizing dLocal for Platforms, it’s now possible to collect and disburse funds through local and alternative payment methods, like PIX, for drivers and riders alike. Previously, drivers needed to top up their in-app wallet, rider payments would go to them, and then inDrive would take out their percentage. Now, the process is straightforward. When a rider pays, it goes straight to inDrive, and inDrive then issues the drivers' payouts – thanks to dLocal for Platforms.

"We are excited to bring a modern cashless solution to our Brazilian drivers and riders, made possible by our partnership with dLocal," said Alexander Akhmataev, inDrive’s Latin America Director. "This is a significant step for us as it marks inDrive's first implementation of a direct cashless solution globally."

inDrive and dLocal have committed to offer localized payments since 2019, starting in Brazil, Colombia, Chile, Ecuador, Mexico, and Peru. By the end of 2021, the partnership extended to over 20 countries across Africa, Asia, and Latin America.

"Enabling InDrive to penetrate the cashless vertical was the obvious next step in our successful partnership. We want to make sure we are accelerating their global expansion. Onboarding new users and drivers from across Brazil and offering them seamless signup experience is now an essential part of their payment strategy as well," stated Diego Halegua, Head Account Management - EMEA, from dLocal.

dLocal developed Platforms to overcome the process of receiving and distributing cross-border payments to numerous accounts and sub-accounts. It's highly beneficial to the gig-economy industry, such as online marketplaces, ride-sharing, and social media eCommerce. dLocal for Platforms enables businesses to accept payments on behalf of their users, split the payments between one or more users, deduct costs as needed, and hold funds until payout.

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