{"id":565349,"date":"2024-11-27T10:06:26","date_gmt":"2024-11-27T09:06:26","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=565349"},"modified":"2024-11-27T10:06:26","modified_gmt":"2024-11-27T09:06:26","slug":"dlocal-secures-pisp-certification-for-pix-to-streamline-payments-in-brazil","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/dlocal-secures-pisp-certification-for-pix-to-streamline-payments-in-brazil\/","title":{"rendered":"dLocal secures PISP certification for Pix to streamline payments in Brazil"},"content":{"rendered":"

\"dLocal,dLocal<\/a><\/u>, the cross-border payment platform specialising in high-growth markets, has marked a new regulatory milestone by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorised by the Central Bank.<\/p>\n

This certification<\/a> enables dLocal to facilitate Pix payments directly within the Open Finance ecosystem, streamlining the checkout process and reducing friction by allowing direct payments without redirecting users to bank apps. Brazil’s Open Finance ecosystem is supported by the country\u2019s top five banks, including Banco do Brasil, Bradesco, Ita\u00fa, and Nubank, which together represent 92% of the country\u2019s banked population.<\/p>\n

With the Brazilian Open Finance Structure certification and Smart Transfers support, dLocal simplifies A2A transactions and recurring payments, enhancing convenience and security for businesses and consumers alike.<\/p>\n

This achievement follows a series of recent milestones for dLocal in Brazil, including the company\u2019s Central Bank-issued license in July 2023. With this new certification, dLocal will be able to initiate Pix payments directly, providing consumers with a smoother, more intuitive experience without the need for separate authorisations in banking apps in the case of Smart Transfers, for example.<\/p>\n

Key Advantages of the PISP Certification: <\/strong><\/p>\n