DLocal and Western Union announced a strategic alliance to enable digital payment methods on Western Union's online platforms across Latin America. This collaboration aims to provide Western Union customers with a more agile and modern payment experience, aligned with local habits and preferences.
The agreement incorporates alternative and locally relevant payment methods, such as cards and bank transfers, into Western Union’s digital channels in countries including Chile, Mexico, Peru, Panama, Argentina, and Brazil. This expansion will grant greater autonomy to customers in choosing how, when, and from where to manage their international money transfers.
This alliance taps into the accelerating adoption of digital remittances in Latin America, where the region reached a record-breaking $161 billion in remittances in 2024, with nearly half of these transactions already conducted through digital platforms. The partnership promotes the growth of the digital ecosystem in Latin America and generates new business opportunities in segments with high adoption of digital solutions.
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