In an effort to enhance cross-border payout systems, dLocal has extended its partnership with XanderPay. This collaboration is targeted at improving transaction processes for hotels and online travel agencies operating in emerging markets across Latin America, Asia, and Africa.

Addressing inefficiencies in international B2B transactions

D Local’s expanded cooperation with XanderPay aims to tackle the inefficiencies that are prevalent in cross-border business-to-business payments. According to McKinsey research, it typically takes between three to five days for such transactions to clear and can incur fees ranging from 3% to 7% of the transaction amount. For multinational hotel chains managing a wide network of suppliers, these delays and expenses can significantly impact profitability and operational efficiency.

The partnership covers operations in Argentina, Brazil, China, India, Mexico, Morocco, Peru, Saudi Arabia, and Thailand. By integrating dLocal’s infrastructure with XanderPay’s specialized platform, the companies are facilitating faster and more transparent payments without requiring hotels to establish local entities or complex banking structures.

Streamlining hotel payments

The agreement allows hotels and online travel agencies (OTAs) to centralize and simplify their transfer processes. This not only helps in reducing costs but also enhances overall payment management efficiency. Representatives from XanderPay have pointed out that the hospitality sector has long struggled with slow, costly transactions, making this partnership crucial for achieving more reliable and affordable cross-border payouts.

dLocal officials highlighted that their expanded collaboration with XanderPay reflects an increasing demand among hospitality providers for secure, regulated solutions to streamline international financial flows. They emphasized that this approach enables hotels to fortify relationships with vendors while boosting operational efficiency.

With the scaling of international hotel chains, industry experts stress the importance of addressing cross-border payment challenges. Such initiatives suggest a potential for greater flexibility in expanding into new markets while maintaining more predictable financial operations.