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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 NomuPay?

NomuPay delivers an all-encompassing payments platform that facilitates local omnichannel payment acceptance and payout distributions across Southeast Asia, Europe, and Turkey through a single integration point. This integrated approach allows businesses to expand effectively by incorporating popular alternative payment methods, providing immediate payouts, and maintaining compliant, comprehensive management of marketplace funds. The platform features a versatile technology framework capable of addressing various payment scenarios, acting as a consolidated gateway that enhances both acceptance and disbursement capabilities while offering a unified balance for sophisticated funds management. With its modern REST APIs, NomuPay ensures seamless integration, enabling businesses to showcase preferred local payment options and extend their market reach across different regions and customer demographics. By optimizing payment processes, NomuPay empowers organizations to adjust and flourish in the face of ongoing fragmentation within fast-growing markets, helping them stay competitive in an ever-changing financial environment. Additionally, this cutting-edge solution not only positions businesses to capitalize on emerging trends and consumer preferences but also contributes significantly to their overall operational efficiency and agility in adapting to market changes. As a result, companies leveraging NomuPay can confidently navigate the complexities of the evolving payment ecosystem.

Media

Media

Integrations Supported

NetSuite
QuickBooks Online
Sage 100
Xero

Integrations Supported

Corefy

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Sokin

Date Founded

2019

Company Location

United Kingdom

Company Website

sokin.com

Company Facts

Organization Name

NomuPay

Company Website

nomupay.com

Categories and Features

Cross-Border Payment

Not specified

Categories and Features

Cross-Border Payment

Not specified

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