dLocal distinguished with ‘A’ grade in the Central Bank of Brazil’s Index for Quality Service
dLocal, an award-winning fintech company that specializes in cross-border payments for emerging markets, has been awarded the highest rating available in the Index for Quality Service issued by the Central Bank of Brazil. dLocal’s One API processing for Pix payments – the 24/7 instant payment system in Brazil – received an “A” grade in all categories, ranking in the top 5% from more than 700 payment service providers (PSPs) and banks evaluated.
Among the categories factored into the evaluation were:
- Index of Complaints
- Index of Infrastructure Availability
- Index of Transaction Timeouts
In addition to receiving the highest possible grade, dLocal was distinguished with an “A” in all categories, as well as overall Index Score.
“We are honored to be recognized by the Central Bank of Brazil for our commitment to excellence and quality service,” said Rodrigo Sanchez Prandi, SVP Product at dLocal. “As this new real-time payment method revolutionizes the exchange of payments in Brazil, we look forward to continuing to provide the highest degree of speed, security and transparency to scale Pix payment capabilities across the Brazilian market and empower their seamless adoption.”
Want to learn more about Brazil’s Pix instant payment system? Access our on-demand webinar here.
dLocal powers local payments in emerging markets connecting global enterprise merchants with billions of emerging market consumers across Africa, Asia, Latin America, and the Middle East. Through the “One dLocal” concept (one API, one platform, one contract), global companies can accept payments, send pay-outs, settle funds globally, and issue white label prepaid virtual and physical debit cards in local currencies, without the need to manage separate pay-in and payout processors, set up numerous local entities, and integrate multiple acquirers and payment methods in each market. Learn more at https://dlocal.com.