Enhanced money transfers in Africa and Asia through dLocal and RizRemit
In a significant move to enhance and scale payout operations across key markets in Africa and Asia, digital remittance provider RizRemit has partnered with cross-border payments platform dLocal. This collaboration aims to deliver fast, affordable, and accessible money transfer services globally.
Under the partnership, RizRemit will integrate with dLocal's single API platform, providing seamless access to local payment ecosystems. This integration will enable RizRemit to connect directly to systems that people rely on daily, such as eWallets like OPay in Nigeria, JazzCash, and EasyPaisa in Pakistan, as well as traditional bank rails.
Martin Sapiurka, Head of Remittances at dLocal, stated that RizRemit's focus on high-efficiency remittance flows aligns with dLocal's strengths in local infrastructure. He further added that this partnership reaffirms dLocal's position as a critical enabler of financial connectivity in emerging markets.
Muhammad Rizwan Javeed, CEO at RizRemit, emphasized the importance of reliable options for remittances to serve their users and their families. He believes that this collaboration will lay the foundation for broader regional expansion and product innovation for both dLocal and RizRemit.
The partnership is expected to improve cross-border payout methods, enhancing user experience, boosting transaction transparency, and supporting faster disbursement of funds while reducing friction in cross-border operations.
This alliance also reflects both firms' commitment to customer-centric innovation and financial inclusion in underserved regions. By delivering funds through channels that are familiar and trusted by end users, RizRemit can accelerate settlement times and minimize back-end complexity.
The partnership is planned to further expand into key markets such as Kenya, Nigeria, and Egypt. This collaboration between RizRemit and dLocal is not just a step towards improving cross-border payout methods but also a significant stride towards financial inclusion in these regions.
In conclusion, the partnership between RizRemit and dLocal is set to revolutionize the global money transfer landscape, making it faster, more affordable, and more accessible for millions of users worldwide.
Read also:
- Understanding Hemorrhagic Gastroenteritis: Key Facts
- Stopping Osteoporosis Treatment: Timeline Considerations
- Trump's Policies: Tariffs, AI, Surveillance, and Possible Martial Law
- Expanded Community Health Involvement by CK Birla Hospitals, Jaipur, Maintained Through Consistent Outreach Programs Across Rajasthan
