Western Union partners with dLocal to offer digital payment options in Latin America, catering to local preferences with methods like cards and bank transfers. This move aims to enhance control over international money transfers and expand the digital financial ecosystem in the region, potentially creating new business opportunities. dLocal VP Joaquin Moreno highlights the commitment to boosting digital remittances in emerging markets, reducing costs, speeding up transfers, and providing tailored payment options. Western Union interim president Mauricio García emphasizes the goal of providing superior solutions for a better customer experience, facilitating meaningful connections through modern and accessible financial services. In other news, dLocal previously teamed up with BVNK for stablecoin-based payouts, while Western Union agreed to acquire International Money Express for about $500m.

Read more at Yahoo Finance: Western Union ties up with dLocal for digital payments in Latin America