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NewProduct
Scale with multilingual, cross-border
B2B invoicing
departments from a single platform, making invoice collec-
tion as smooth as possible and still providing each depart-
ment and user with a specific access cut out for their needs.
Easy integration, customization, conversion
dLocal representatives noted that dLocal Invoice Collection
is readily available and can be deployed immediately, with
Local, a technology-first payments platform no need for coding. In addition, they noted that merchant
enabling global enterprise merchants to connect acquirers and service providers can leverage the tool to cre-
with consumers in emerging markets worldwide, ate customized workflows.
d added an invoice collection feature to its product
technology suite. Designed to support the B2B payment The new product allows the payment to be merchant-initi-
process from start to finish, Invoice Collection is designed ated or customer initiated, which enables global enterprises
to enable payment in local currencies, the company stated. to effortlessly collect payments from emerging-market cus-
tomers in their local currencies. Additional features and
Federico Mazzoli, vice president of product at dLocal, de- benefits include the following:
scribed Invoice Collection as a perfect complement to the
company's no-code tools. In addition to its ability to handle Invoice Collection offers dynamic FX conversion, allowing
the unique taxes of each country, he noted, dLocal's pay- invoices issued in USD amounts to be converted to local
ment infrastructure enables merchants to serve a diverse currency, making it easier for customers to make payments.
customer base by allowing customers to pay invoices in There are no transfer limits, enabling customers to make
their preferred local currencies rather than remitting in- payments of any amount permitted by their own home
voice payments in U.S. dollars as they typically do. banking.
Immediate deployment, one dashboard
"By providing a holistic end-to-end payment solution, we
are enabling accounts receivable teams to manage pay- dLocal's Invoice Collection can be used immediately, with
ments in more than 40 complex countries from one single no need for coding. However, there is an option to create
place," Mazzoli said. a customized workflow. Invoice Collection also allows the
Solve cross-border complexities payment to be merchant or customer-initiated, allowing
global enterprises to effortlessly collect payments through-
Mazzoli further noted that processing payments and expa- out Africa, Asia, and Latin America.
triating funds in emerging markets can be challenging and
complex due to local regulations, market instability and By offering invoice payment support, dLocal's Invoice Col-
volatility, and currency fluctuations. The dLocal Invoice lection gives you the ability to collect receivables in 40+
Collection suite solves the complexity of B2B payments by emerging markets from one single place and a unified re-
enabling merchants to access dLocal's infrastructure, where porting system, without any technical effort.
they can easily navigate the complex world of cross-border
B2B payments, he noted. Invoice Collection helps enterprises simplify cross-border
payments in emerging markets by meeting regulatory re-
dLocal's platform supports different payment methods and quirements and solving for currency fluctuations that can
foreign exchange markets, enabling merchants to manage hinder ability to move capital and helping companies grow
currency volatility, transact using local payment options, and scale globally.
comply with regulations, and ensure prompt and efficient
processing, expatriation and settlement of funds. Invoice
Collection allows merchants' end customers to choose lo-
cal currency while dLocal seamlessly transfers funds to a
merchant's currency of origin, he added. Company: dLocal
Product: Invoice Collection
Mazzoli went on to say that dLocal assists all departments
involved with transactions by offering invoice payment Website: https://dlocal.com
support, not just payments. The addition of Invoice Collec- Contact: https://dlocal.com/contact-salesom
tion is an important update that he noted will assist mer-
chants' finance, reconciliations, and accounts receivable
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