Enhancing Global Market Access Through Optimized Digital Payment Solutions
This collaboration will facilitate the seamless execution of online transactions and the optimization of digital payments in over 60 countries, thereby facilitating the rapid expansion and entry into new markets for companies of all sizes. The complexities of global payments have long been a source of difficulty for merchants in the region who are interested in expanding internationally. This is due to the increasing prominence of APMs, currency fluctuations, and the diversity of local payment processors. These challenges are especially evident in Latin America, where markets are expanding at an unprecedented pace, such as Mexico (25.1% year-on-year), Argentina (17.0%), and Brazil (15.4%).
D24‘s “deep payment” solutions enable businesses of all sizes to access comprehensive payment processing solutions, including alternative payment methods and cards, across nearly 30 countries and three continents. Through a single, unified, and user-friendly interface, Yuno’s platform provides businesses with access to over 300 payment methods worldwide, as well as innovative features such as one-click checkout, AI-enabled clever routing, and robust anti-fraud tools.
D24 and Yuno’s partnership will provide merchants in LATAM, Asia, and Africa with 24/7 support and a single API integration, in addition to these “deep payment” solutions. Furthermore, in order to guarantee a seamless and efficient user experience, they will have access to designated account administrators from Yuno and D24.
Read: Fintech Marketing: Top 10 Power Strategies to Accelerate Growth
Industry Comments
Andres Diaz, Head of Account Management at D24, commented: “For growing businesses, managing multiple payment methods, currencies, and systems can be overwhelming. An increasing proportion of online transactions recorded in Latin America are cross border, accounting for up to a third of Mexican purchases, for instance, as well as 19% in Chile, 16% in Argentina and, even 7% in Brazil . Today’s partnership is designed to streamline, simplify and optimize the cross-border payment processes for businesses and to ease the headache of developing the infrastructure to support multiple payment methods. It epitomises what we call ‘deep payments’, the culmination of the latest technology, local, in-country knowledge, and relationships across the entire payment ecosystem. Our partnership with Yuno builds on, and will enhance, each of these elements in our offering.” Catherine Kaupert, Head of Partnerships at Yuno, commented: “We are excited to embark on this new partnership with D24. By combining Yuno’s industry-leading payment orchestration platform with D24’s expertise in accepting local payments anywhere, we will deliver unmatched solutions that drive growth, improve efficiency, and foster innovation for our clients.”
Read: 60 Popular Fintech Words You Should Know
We will be back with more exciting articles in the fintech domain!
Write to us for any suggestions.