11:41:50 AM | 5/6/2024
dLocal, the leading cross-border payment platform specializing in high-growth markets, is proud to announce its partnership with Open English, an online English-learning platform operating in over 30 countries globally.
The partnership opens crucial learning opportunities to students by making payments as accessible, smooth, and affordable as possible.
dLocal’s partnership with Open English adds alternative payment methods such as bank transfer and Visa Debit, cash, installments, Boleto, and Pix. These expanded methods will be available immediately to English learners in Brazil, Argentina, Colombia, Mexico, Chile, Peru, Uruguay, Guatemala, the Dominican Republic, Ecuador, and Vietnam.
"Making the decision to partner with dLocal was as easy as integrating the platform itself," says Wilmer Sarmiento, SVP of Product of Open English. "They provide local and alternative payment methods that are crucial to our audience, such as instant payments, compliance, and features such as seamless subscription management, which is fantastic. They helped us achieve one of our critical goals: To make sure we can enable access to our platform to as many students as possible by offering them their favorite payment methods.”
“Enabling a sector crucial to the development of emerging markets encapsulates the essence of the ‘why’ behind dLocal,” says Justo Benetti, SVP Head of Americas at dLocal. “We’re proud to partner with Open English, an established leader in LATAM with a rapidly expanding presence in markets globally. We look forward to Open English and their learners benefitting from our features tailored to e-learning and scaling that experience with them through our one API."
Despite growing to a $3B market in 2023, the global eLearning landscape still faces significant barriers to offering affordable and accessible solutions, mainly due to limited payment methods, high transaction fees, and complex cross-border payments, reducing student enrollment and institutional revenue. dLocal addresses these issues by providing a range of local payment options, competitive pricing, instant payments, and streamlined cross-border transaction processes. With regional expertise and compliance support, dLocal enables eLearning companies to expand their reach and offer accessible, secure, and efficient payment solutions to students worldwide.
T.H (Vietnam Business Forum)