Craftgate

About Craftgate

Craftgate is a payment orchestration platform that enables businesses to integrate and manage multiple domestic and international payment methods through a single interface, optimizing transaction routing to minimize costs. By providing a centralized solution for online payments, Craftgate enhances payment success rates and reduces operational complexities for e-retailers and marketplace merchants.

```xml <problem> E-retailers and marketplace merchants face the challenge of integrating and managing multiple payment methods, both domestic and international, which can lead to increased operational complexity and costs. System outages and payment errors can interrupt payment processing, leading to lost revenue and reduced customer satisfaction. </problem> <solution> Craftgate offers a payment orchestration platform that consolidates the integration and management of diverse payment methods through a single interface. The platform's smart routing capabilities minimize payment costs by processing transactions through the most efficient virtual POS or payment institution. Craftgate ensures seamless payment processing, even during system outages, by employing payment retry mechanisms. The platform also provides a merchant panel for tracking payment processes, managing refunds, and generating transaction reports. </solution> <features> - Single integration point for multiple domestic and international payment methods - Smart and dynamic payment routing to minimize transaction costs - Payment retry mechanism to ensure seamless payment processing during outages - Advanced merchant panel for managing payments, refunds, and generating reports - PCI-DSS Level 1 compliant infrastructure for secure card storage and one-click payments - Tokenization for recurring payments - Open-source libraries and a developer portal for easy integration - Shopify e-commerce module for integration with Shopify stores </features> <target_audience> Craftgate is designed for e-retail and marketplace merchants that receive online payments and seek to streamline their payment processes, reduce costs, and increase revenue. </target_audience> ```

What does Craftgate do?

Craftgate is a payment orchestration platform that enables businesses to integrate and manage multiple domestic and international payment methods through a single interface, optimizing transaction routing to minimize costs. By providing a centralized solution for online payments, Craftgate enhances payment success rates and reduces operational complexities for e-retailers and marketplace merchants.

Where is Craftgate located?

Craftgate is based in Istanbul, Turkey.

When was Craftgate founded?

Craftgate was founded in 2020.

How much funding has Craftgate raised?

Craftgate has raised $3.0M.

Who founded Craftgate?

Craftgate was founded by Hakan ERDOGAN and Lemi Ergin.

  • Hakan ERDOGAN - CEO
  • Lemi Ergin - Co-Founder
Location
Istanbul, Turkey
Founded
2020
Funding
$3.0M
Employees
50 employees
Investors
APY VenturesBogazici Ventures
C

Craftgate

Craftgate is a payment orchestration platform that enables businesses to integrate and manage multiple domestic and international payment methods through a single interface, optimizing transaction routing to minimize costs. By providing a centralized solution for online payments, Craftgate enhances payment success rates and reduces operational complexities for e-retailers and marketplace merchants.

Istanbul, TurkeyFounded 20205010K+ followers10/10 TractionRelative Traction Score based on online presence metrics compared to companies in the same age group.
Updated 19 months ago

Funding

$3.0M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

DVHC
Funding rounds are not available yet.

Founders

Product

Problem

E-retailers and marketplace merchants face the challenge of integrating and managing multiple payment methods, both domestic and international, which can lead to increased operational complexity and costs. System outages and payment errors can interrupt payment processing, leading to lost revenue and reduced customer satisfaction.

Solution

Craftgate offers a payment orchestration platform that consolidates the integration and management of diverse payment methods through a single interface. The platform's smart routing capabilities minimize payment costs by processing transactions through the most efficient virtual POS or payment institution. Craftgate ensures seamless payment processing, even during system outages, by employing payment retry mechanisms. The platform also provides a merchant panel for tracking payment processes, managing refunds, and generating transaction reports.

Target Audience

Craftgate is designed for e-retail and marketplace merchants that receive online payments and seek to streamline their payment processes, reduce costs, and increase revenue.

Features

  • Single integration point for multiple domestic and international payment methods
  • Smart and dynamic payment routing to minimize transaction costs
  • Payment retry mechanism to ensure seamless payment processing during outages
  • Advanced merchant panel for managing payments, refunds, and generating reports
  • PCI-DSS Level 1 compliant infrastructure for secure card storage and one-click payments
  • Tokenization for recurring payments
  • Open-source libraries and a developer portal for easy integration
  • Shopify e-commerce module for integration with Shopify stores
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This profile is AI-generated and may contain inaccuracies.