Skip to content

Fintech & wallets

Give every user a local account. Move their money in real time.

Connect supported collection, disbursement, FX and reporting workflows for eligible fintech use cases.

Contact salesGo to our docs
  • CVU, CLABE, Pix key, CCI
  • Real-time webhooks
  • Payouts to banks and wallets

Capabilities

The building blocks of a modern wallet

  • Personal virtual accounts

    Give every user a CVU in Argentina, a CLABE in Mexico, a Pix key in Brazil, a CCI in Peru or a Bre-B key in Colombia.

  • Real-time notifications

    An HMAC-signed webhook fires when a deposit lands, so you can credit the balance at once.

  • Cash-outs to bank accounts

    Send withdrawals to bank accounts in 14 countries over local rails, with alias verification before you send.

  • Wallet payouts

    Pay out directly to Yape, SINPE Móvil and CCE wallets, or to wallets reachable by bank transfer.

  • FX and internal transfers

    Convert local currency to USD, EUR and other hard currencies at a locked rate, within local market hours, and move funds between your own accounts.

  • Stablecoin funding

    Fund your account with USDC or USDT on Ethereum and Tron, and withdraw to allow-listed wallets.

Flows

Top-up, cash-out, treasury

The three flows behind every wallet, on one integration.

Top-ups with virtual accounts, Pix and PSE

Give each user a personal account number to top up by bank transfer, or let them pay in with Pix in Brazil or PSE in Colombia. A signed webhook confirms every deposit so you can credit the balance.

  • Virtual accounts: a personal account number for every user
  • Pix in Brazil
  • PSE in Colombia
Explore virtual accounts

For developers

Issue a personal account number

Create a virtual account for each user at sign-up, store the account number in their profile and listen for deposits by webhook. Verify every signature before you credit a balance.

  • Your own externalId on every account; duplicates return HTTP 409
  • Single or batch creation
  • The same endpoint in every virtual-account market
Read the webhooks guide
# Example request — see docs.localpayment.com for the exact contract
curl -X POST https://api.stage.localpayment.com/api/virtual-account \
  -H "Authorization: Bearer $ACCESS_TOKEN" \
  -H "Content-Type: application/json" \
  -d '{
    "externalId": "7f3a9c21-0000-4000-8000-000000000215",
    "accountNumber": "<your-account-number>",
    "country": "ARG",
    "beneficiary": {
      "type": "INDIVIDUAL",
      "name": "Valentina",
      "lastname": "Suárez",
      "document": { "type": "CUIL", "id": "27-00000000-0" }
    }
  }'

The challenge in Latin America

What slows a wallet down in Latin America

What gets in the way

  • Funding is built bank by bankEvery market means a new banking partner, a new file format and deposits that arrive without a clear owner.
  • Cash-outs are slow or fragmentedUsers expect money in their bank or wallet in seconds; batch files and cut-off times break that promise.
  • USD balances need FX in every currencyHolding user funds in local currency while reporting or settling in dollars multiplies counterparties and spreads.
  • Compliance changes at every borderLicensing, KYC and anti-money-laundering obligations differ by country and keep shifting.

How Localpayment addresses it

  • A personal account number per userIssue a CVU, CLABE, Pix key, CCI, TEF account, Bre-B key or IBAN through one API. Each deposit is attributed to its user and announced by a signed webhook.
  • Payouts to banks and wallets on local railsSend cash-outs to bank accounts in 14 countries and directly to Yape, SINPE Móvil and CCE wallets, with alias verification before the funds leave.
  • Rate lock and multi-currency balancesConvert local balances to USD, EUR and other hard currencies within local market hours, lock the rate with a quote token and move funds between your own accounts.
  • A regulated counterparty in 18 countriesLocalpayment has a licensed, registered or supervised presence in 18 countries. You keep KYC on your users; we operate the rails under local rules.

Recommended method mix

How users fund and cash out, country by country

A personal virtual account per user for top-ups, instant transfers as the fallback, and real-time payout rails for cash-outs.

  • Brazil

    Pay-in methods
    Pix-key virtual account per user · Pix (QR and Copia e Cola)
    Payout rails
    Pix 24/7 · TED

  • Mexico

    Pay-in methods
    CLABE virtual account (SPEI) per user · SPID USD account · Cards with 3D Secure
    Payout rails
    SPEI 24/7

  • Argentina

    Pay-in methods
    CVU virtual account per user · Debin · QR · Cards (Visa, Mastercard, Amex, Naranja, Cabal)
    Payout rails
    COELSA transfers 24/7

  • Colombia

    Pay-in methods
    Bre-B-key virtual account per user · PSE · Cards with 3D Secure
    Payout rails
    Bre-B key 24/7 · TransfiYa · ACH

  • Chile

    Pay-in methods
    TEF virtual account per user · ETPAY
    Payout rails
    TEF 24/7 up to CLP 7,000,000 · same-day above

  • Peru

    Pay-in methods
    CCI virtual account (PEN and USD) per user · QR · Cards with 3D Secure
    Payout rails
    CCE real-time up to PEN 30,000 · LBTR above · Wallets (CCE, direct)

  • Costa Rica

    Pay-in methods
    SINPE virtual account (IBAN, CRC and USD) per user
    Payout rails
    SINPE Móvil 24/7 · SINPE transfers

Only methods documented in our API are listed. Limits, speeds and cut-off times per method are on each country page.

Money flow

From a top-up to a cash-out, with treasury in between

The three flows behind every wallet — funding, FX and withdrawal — on one integration and one balance.

  1. 1

    UserYour wallet:

    Signs up

    You run KYC and call POST /api/virtual-account with a UUID external ID. The user receives a personal CVU, CLABE, Pix key, CCI or TEF account.

  2. 2

    UserLocalpayment:

    Tops up

    The user transfers from their own bank to their account number. On Pix, SPEI, COELSA, TEF, CCE and Bre-B the deposit confirms in seconds, 24/7.

  3. 3

    LocalpaymentYour wallet:

    Signed webhook

    The deposit arrives signed with HMAC-SHA256 and carries the user’s external ID. Verify the signature, then credit the balance.

  4. 4

    LocalpaymentLocalpayment:

    Local balance → hard currency

    Convert within local market hours; lock the rate with a quote token when the amount is known. Move funds between your own accounts by internal transfer.

  5. 5

    Your walletLocalpayment:

    Requests a cash-out

    POST /api/payout/ to a bank account or wallet, one by one or in batches. Alias verification checks the destination; double signature approves the release.

  6. 6

    LocalpaymentUser:

    Funds land

    SPEI, Pix, COELSA, TEF, CCE and Bre-B pay out in real time; Yape, SINPE Móvil and CCE wallets are credited directly.

  7. 7

    LocalpaymentYour treasury:

    Treasury

    Hold multi-currency balances, fund your account with USDC or USDT (Wire In) and withdraw hard currency to your own bank.

Real-time rails confirm in seconds, 24/7. Conversion happens within local market hours; the rate is locked with a quote token. Payouts can require a second signature before release.

Market figures

Why digital accounts are the growth market

Public figures from official and industry sources. Each one links to its source.

Industry FAQ

Where is this solution available?

Coverage varies by product, payment method and market. Check Coverage & Network for the current details.

Which account types can my users get?

It depends on the country: CVU in Argentina, Pix key in Brazil, account numbers in Chile, Bre-B key in Colombia, IBAN in Costa Rica, CLABE in Mexico and CCI in Peru. Some markets also support USD accounts (SPID in Mexico, CCI USD in Peru, IBAN USD in Costa Rica).

How fast are top-ups credited?

On real-time rails, deposits confirm in seconds, 24/7, and we send a signed webhook as soon as the transfer is matched to the user’s account. Verify the HMAC-SHA256 signature before crediting the balance.

Are cash deposits supported?

No. Virtual accounts receive electronic transfers only; cash deposits are not credited.

Can users withdraw to wallets?

Yes. Direct wallet payouts are available to Yape in Bolivia, SINPE Móvil in Costa Rica and CCE wallets in Peru. Wallets can also be credited by bank transfer in Argentina, Brazil, Chile, Colombia, El Salvador and Mexico.

How do we protect cash-outs against errors and fraud?

Alias verification checks the destination account before the funds leave. Payouts can require a double signature, access is protected by MFA, RBAC and IP allow-listing, and every status change arrives as a signed webhook.

Which currencies can we convert to?

Local currencies convert to USD, EUR, GBP, CAD, AUD, NZD, CHF, USDC and USDT, within local market hours, with the rate locked by a quote token.

Can we fund our account with stablecoins?

Yes. Fund your Localpayment account with USDC or USDT on Ethereum or Tron (Wire In), credited about 2–10 minutes after network confirmation, and withdraw to allow-listed wallets (Wire Out). This is account funding for your business, not a crypto on/off ramp for your users.

Keep exploring

Build your wallet on local rails

Account numbers, cash-outs and treasury through one API — with Stage credentials from the start of the partnership.

Contact salesSee our licenses

How can we help?

Download your copy

Leave your details and get the full edition instantly.