dLocal, the cross-border payment platform, launched ‘BNPL Fuse’ at the Money 20/20 conference in Las Vegas. The new product is a Buy Now, Pay Later (BNPL) aggregator solution designed to simplify and scale flexible payment options for merchants in fast-growing economies.
BNPL Fuse is the first aggregator of its kind built specifically for emerging markets across Latin America, Africa, the Middle East, and Asia. The platform consolidates multiple local BNPL providers into a single, fully orchestrated solution, allowing merchants to offer flexible instalments through one API and one contract.
Addressing the conversion gap in emerging markets
The launch targets a significant challenge for global merchants in emerging markets, where a large portion of the consumer base is underbanked. According to dLocal, merchants who do not offer a BNPL option risk losing up to 66 per cent of potential conversions in these regions.
Many consumers in these markets face barriers to credit, either lacking a credit card entirely or having insufficient limits to complete purchases, which leads to high rates of cart abandonment and lost sales. By offering BNPL, merchants can provide a path to affordability, allowing buyers to split payments. This, in turn, helps merchants increase conversion rates, see higher average order values, and increase overall spending.
A single API to connect multiple BNPL providers
BNPL Fuse is designed to eliminate the complexity for merchants of managing multiple integrations, contracts, and local regulations. With its single API, dLocal stated that merchants can instantly offer flexible instalments in an initial eight countries, reaching over 500 million underbanked buyers.
The platform provides instant, risk-free settlements for merchants, while dLocal’s orchestration layer manages the integrations, compliance, and local provider optimisation.
“Merchants want to offer flexible payment options without dealing with complex integrations, compliance requirements, or credit exposure,” said Duncan Steblyna, svp of product at dLocal. “BNPL Fuse centralizes access to multiple BNPL providers through a single API and contract, enabling scalable payments that drive higher conversions, unlock revenue, and give buyers more ways to pay with greater affordability and a smoother checkout experience.”
Uniting leading providers
BNPL Fuse is launching with several leading BNPL providers already integrated onto the platform, enabling merchants to scale across emerging markets. The initial partners include Kueski, Pagaleve, Atome, Pareto, and Payflex, with more to be announced.
The solution reinforces dLocal’s role as a financial infrastructure provider connecting global businesses to high-growth economies through its “One dLocal” concept, which bundles pay-ins, pay-outs, and settlement into a single platform.
