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.

Location
Istanbul, Turkey
Founded
2020
Funding
$3.0M
Employees
50 employees
Investors
APY VenturesBogazici Ventures

Craftgate

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

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.

craftgate.io10K+
Founded 2020Istanbul, Türkiye

Funding

No specific funding rounds found.

Total Funding

$3.0M

Backed by

APY VenturesBogazici VenturesD4 VenturesHepsiburada.com

Team (50+)

No team information available.

Company Description

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.

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

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.

Sources:

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