The startup develops a payment gateway platform that facilitates cross-border transactions by offering a variety of payment methods, including credit cards, prompt payments, and e-wallets. This enables merchants to provide a local payment experience for international customers, enhancing transaction efficiency and customer satisfaction.
Funding
Funding not disclosed
Founders
Product
Problem
Merchants engaging in cross-border e-commerce face complexities in offering diverse local payment options preferred by customers in Southeast Asia. Integrating with multiple payment gateways and managing various currencies can be technically challenging and costly. This can lead to cart abandonment and reduced sales due to the lack of familiar payment methods.
Solution
Ksher provides a payment gateway platform specializing in Southeast Asia, enabling merchants to accept payments via local methods, including e-wallets, prompt payments, and bank transfers. The platform supports over 50 e-commerce platforms and offers competitive exchange rates, reducing currency conversion losses. Ksher facilitates fast payouts to local, Hong Kong, mainland China, and global accounts. With regulatory compliance and fraud prevention systems, Ksher ensures secure transactions and protects customer data.
Target Audience
Ksher primarily targets e-commerce merchants and businesses engaged in cross-border trade with Southeast Asia, including those selling on multiple platforms and requiring diverse payment options.
Features
- Supports 50+ Southeast Asian e-commerce platforms
- Facilitates cross-border payments in 20+ currencies
- Offers local payment options, including e-wallets and prompt payments, in Thailand, Malaysia, Philippines, Indonesia, and Vietnam
- Provides competitive interbank exchange rates with low conversion fees
- Offers tiered withdrawal fee structure
- T+0 settlement in Southeast Asia
- PCI DSS risk control system and anti-money laundering system
- User data encryption and full lifecycle information security monitoring
- API integration for e-commerce platforms