# LocalPayment

> The payment infrastructure for emerging markets

LocalPayment is a payment service provider for emerging markets. It helps businesses accept and send payments across Latin America through a single API integration with local payment methods.

LocalPayment is a payment service provider that offers payment processing infrastructure for businesses operating in emerging markets. It provides a single API that connects merchants to local payment methods, including cards, bank transfers, and alternative payment options, across multiple countries. The company serves industries such as travel, e-commerce, marketplaces, gaming, and the gig economy that need to collect and disburse funds locally.

The platform addresses the fragmentation of payment systems in high growth markets, where local banking rules, currencies, and preferred payment methods vary widely from country to country. Through its API, businesses can collect payments from customers, send payouts to partners, and manage currency conversion and cross-border settlement from one connected system. LocalPayment operates through locally registered entities and is licensed or registered with financial authorities in the countries where it provides services.

Its core offerings span payment collection, payouts, and treasury and foreign exchange services, supporting use cases like virtual accounts and fraud prevention tools. LocalPayment is used by banks, neobanks, payment processors, and companies expanding into Latin America and other emerging regions. The company is now part of a larger payments and media group following an acquisition.

- Type: Company
- Sector: Payments
- Status: Acquired
- Founded: 2018-01-01
- Profile: https://thegrid.id/profiles/localpayment

## Products

- [LocalPayment API](https://thegrid.id/profiles/localpayment): LocalPayment API is a merchant payment gateway that enables businesses to accept and send cross-border payments across emerging markets through a single integration. It unifies payins, payouts, and treasury and foreign exchange operations, supporting cards, bank transfers, local account-to-account rails, digital wallets, and other alternative payment methods alongside crypto on and off ramp conversion. Businesses use it to collect customer payments, disburse funds, manage currency conversion, and reconcile settlements, with checkout options ranging from hosted payment links to embedded, fully customizable payment forms. The platform operates under local regulatory registrations in each supported market and provides webhook-based status updates for asynchronous payment methods. (Merchant Payment Gateway, Live, Main Product)

## Links

- [Main](https://localpayment.com)
- [Documentation](https://docs.localpayment.com)
- [Terms of Service](https://docs.localpayment.com/docs/compliance)
- [LinkedIn](https://linkedin.com/company/localpayment)

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- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
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