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Finmont announces partnership with emerging markets payment provider dLocal

The platform’s ecosystem will connect acquiring banks, payment, fraud, forex, and chargeback providers and integrate with ERP/CRM systems and other travel-specific distribution channels, offering a complete payment ecosystem for the travel industry.

Global payment orchestration platform, FinMont, has announced a new partnership with emerging markets payment provider dLocal. The partnership will amplify FinMont’s unique global payment eco-system and facilitate payments across multiple emerging economies in Africa, Asia and Latin America through dLocal’s network.

The founders of German airline, Hahn Air recently launched FInMont to offer the travel industry a unique solution that unlike other options available streamlines not only B2C payments but also B2B payments. Combining both payments into a single view will help decision-makers identify and fix any inefficiencies in their current payment processes. The firm’s mission is to help travel merchants use payments as a strategic tool to stand out from competitors.

dLocal is a leading cross-border payments facilitator, technology company and emerging-markets localisation expert that offers a flexible, all-encompassing payments solution that unlocks new revenues and maximizes reach in growth markets. The firm’s payment service coverage includes high-growth, emerging economies in Africa, Asia and Latin America making them the perfect partner for the new orchestration platform.

The FinMont platform aims to revolutionise payments by connecting multiple banks and providers seamlessly through one simple gateway. It will also improve payment authorisation and conversion rates, reduce payment costs, and remove historic issues such as downtime or reliance on one payment provider.

The platform’s ecosystem will connect acquiring banks, payment, fraud, forex, and chargeback providers and integrate with ERP/CRM systems and other travel-specific distribution channels, offering a complete payment ecosystem for the travel industry.

Suby Valluri, CEO of FinMont, commented, “We are delighted to be partnering with dLocal and incorporating their cutting-edge service into our global eco-system. They are true market leaders and offer a unique solution between emerging countries and developing economies that will support our new orchestration platform. As part of our global strategy, we will be integrating with leading banks, payment, fraud and other providers to offer a truly unique solution to the travel industry.”

Andres Bertolotti, Senior Business Development Manager of dLocal, added, “The team at dLocal are excited to be working with FinMont as they launch their global proposition. This unique platform is a new solution for the travel sector, and we are pleased to be able to work closely with the founders and integrate our market-leading offering into their global system. We are looking forward to working with their team and supporting the platform as they grow throughout 2023.”

Tatiana Rokou

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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