Pockyt provides a payments infrastructure that connects businesses to over 300 local and alternative payment methods, facilitating cross-border transactions for digital native shoppers. This platform reduces transaction fees by up to 50% while enabling seamless online and in-store payment experiences.
Funding
$4.6M 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.
Founders
Product
Problem
Businesses expanding into new global markets face challenges integrating with diverse local payment methods, including digital wallets, real-time payment networks, and super apps. These integrations are often complex, costly, and time-consuming, hindering cross-border commerce and potentially leading to lost sales due to lack of preferred payment options.
Solution
Pockyt provides a unified payments infrastructure that connects businesses to over 300 locally preferred payment methods worldwide, streamlining cross-border transactions. The platform offers a two-sided network designed to facilitate acceptance, payouts, and distribution through various channels, including online and in-store. By integrating with Pockyt, businesses can offer customers the option to pay with their preferred local payment methods, expanding their reach and boosting sales conversions. Pockyt's solution includes a dashboard for easy management, an AI-assisted developer environment, a powerful API, and SDKs for rapid integration.
Target Audience
Pockyt targets businesses of all sizes looking to expand their reach into global markets and offer their customers a wide range of locally preferred payment options.
Features
- Access to over 300 local and alternative payment methods, including digital wallets, super apps, and real-time payment networks.
- Support for both online and in-store payment use cases.
- Reduction of transaction fees by up to 50%.
- No-code/low-code integration via Pockyt dashboard and plugins.
- Powerful API and SDK for custom integrations.
- AI-assisted developer environment for accelerated launch.
- Real-time fraud detection to identify and block suspicious activity.
- Automated AML checks and KYC screenings for regulatory compliance.
- Data protection and privacy standards with SOC 2 Type 2 and PCI DSS certifications.
- AES-256 encryption for secure payment data handling.