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What is Transpay?

Transpay specializes in enabling direct fund transfers to your recipient's local bank account, accommodating their preferred currency while covering over 90% of worldwide bank accounts. In key markets, our bank deposits are typically processed within a single day, with over 60% of transactions reaching the recipient's account in less than an hour and more than 95% finalized within 24 hours. Our offerings are versatile; in addition to bank deposits, we also facilitate money transfers to mobile wallets and cash withdrawals. While various payout providers may claim broad access, few can compete with Transpay’s proficiency in navigating challenging markets that feature volatile currencies and complex banking regulations. Additionally, our direct collaborations with leading payout providers globally empower you to expand your business internationally and streamline payments to cross-border recipients as if they were local transactions. This combination of rapid service, dependability, and a vast network establishes Transpay as a prominent figure in the financial transfer landscape. Furthermore, our commitment to innovation ensures that we continually enhance our services to meet the evolving needs of our clients.

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.

Media

Media

Integrations Supported

Integrations Supported

NetSuite
QuickBooks Online
Sage 100
Xero

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Free
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Transfast

Date Founded

2007

Company Location

United Kingdom

Company Website

transpay.com

Company Facts

Organization Name

Sokin

Date Founded

2019

Company Location

United Kingdom

Company Website

sokin.com

Categories and Features

B2B Payment

Not specified

Cross-Border Payment

Not specified

Categories and Features

Cross-Border Payment

Not specified

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