Brands

Microsoft teams up with dLocal to reach new customers in Nigeria and other emerging markets

Start-Rite School produces global scholars in Microsoft Office Specialist

Microsoft has teamed up with dLocal, an Uruguay-based cross-border payments platform to reach new customers in emerging markets with local payment methods.

In the first phase of the collaboration, Microsoft launched local acquiring for both credit and debit cards in Nigeria. In the coming months, Microsoft will use dLocal’s Payins solution to add additional local payment methods, as well as expand to include other emerging markets, globally.

Read:  Access Bank named among Top 500 Global Banking Brands

Through the agreement, shoppers on the Microsoft Store website in Nigeria will be able to pay with local credit cards for a variety of products, such as Microsoft 365 subscriptions.

Previously, customers could only pay with international credit cards, triggering exchange fees and higher rates of declined transactions due to exchange rate volatility. By working with dLocal to offer locally issued Visa and Mastercard card payments, Microsoft will be able to operate in Nigeria with improved authorisation rates.

Related posts

Radisson Hotel Group announces seven new hotels in Africa for the first half of 2023, maintaining its growth momentum across the continent.

NigGal

Amazon Web Services sets up shop in Nigeria as second African office

NigGal

Airtel Launches VoLTE To Optimise Call Experience For Customers.

NigGal

FCMB, Mastercard Foundation partner to uplift 100,000 MSMEs in Nigeria.

NigGal

MTN’s 5G launch puts spotlight on mobile device access.

NigGal

Ecobank Group Announces the Top Five Finalists in its 2021 Fintech Challenge.

NigGal

Leave a Comment