dLocal , the leading cross-border payment platform connecting global merchants to emerging markets, has partnered with Digit9 , a cross-border payments orchestration platform, to support the expansion of its payout offering across key African markets.
The partnership with dLocal will see Digit9, a part of global financial services conglomerate LuLu Financial Holdings , utilise local bank rails and widely used alternative payment methods APMs across five key African markets.
Remittance costs to Africa remain the highest in the world , averaging about 8.5almost triple the UNs recommended benchmark of 3. This highlights the need for more efficient, locally integrated solutions. The partnership helps address that gap by reducing processing layers, improving delivery speed, and offering broader payout options through a single platform.