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What is Sokin?

Sokin operates as an all-encompassing global business payments platform, allowing organizations to efficiently oversee their accounts, transfer funds, receive payments, and conduct business smoothly across international markets through a unified interface. Its ability to manage and maintain funds in 26 different currencies helps companies reduce their dependence on various providers or regional banking institutions. Furthermore, the platform supports global payments in over 70 currencies, facilitating transactions in more than 170 countries via local payment methods, SWIFT, and instantaneous transfers between Sokin accounts. Teams can boost operational efficiency by storing beneficiary information, converting currencies, assigning user roles for payment authorizations, and processing up to 5,000 individual payments at once, which significantly minimizes manual workload. Moreover, Sokin accommodates payments through cards and various alternative payment methods, while also delivering embedded financial services via flexible APIs. Businesses can streamline numerous processes, such as payouts, currency conversions, onboarding, and KYC and KYB compliance, all while effortlessly integrating these features into their own systems, thus boosting their operational prowess. This seamless integration not only simplifies the complexities of financial transactions but also grants businesses enhanced control and adaptability over their payment processes, ultimately supporting their growth and efficiency in an ever-evolving marketplace.

What is Alipay Plus?

An all-encompassing array of mobile payment and digital solutions connects global brands with tech-savvy consumers worldwide. Through a centralized platform, users can enjoy a diverse selection of e-wallets and payment methods. Alipay+ facilitates cross-border payments and digital services, allowing consumers to transact as locals by using their preferred digital wallets and banking apps at numerous retailers. With a single integration of Alipay+, merchants can access mobile payment applications that serve over 1 billion users, enhancing their operational advantages. This innovative approach simplifies the payment landscape by removing the need for individual negotiations and contracts for each payment solution, as well as the cumbersome process of integrating new payment methods. As a result, merchants no longer face the complexities of differing specifications, currencies, or terms, since Alipay+ ensures seamless acceptance for both online and in-store purchases. By consolidating various payment options, this streamlined integration process greatly enhances efficiency for both businesses and customers, ultimately fostering a smoother transaction experience across the board.

Media

Media

Integrations Supported

NetSuite
QuickBooks Online
Sage 100
Xero

Integrations Supported

Alipay
Boost Commerce
DANA
EzLink Enterprise EFT Switch
GCash
GrabPay
HiPay
Kakao Pay
Klarna
Maya

API Availability

Has API

API Availability

Pricing Information

Free
Free Version

Pricing Information

Free
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Sokin

Date Founded

2019

Company Location

United Kingdom

Company Website

sokin.com

Company Facts

Organization Name

Alipay

Company Location

Singapore

Company Website

www.alipayplus.com

Categories and Features

Cross-Border Payment

Not specified

Categories and Features

Cross-Border Payment

Not specified

Mobile Payment

Not specified

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