Pockyt

About Pockyt

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.

```xml <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. </problem> <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. </solution> <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. </features> <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. </target_audience> <revenue_model> Pockyt generates revenue through transaction fees and subscription-based access to its platform and value-added services. </revenue_model> ```

What does Pockyt do?

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.

Where is Pockyt located?

Pockyt is based in East New York, United States.

When was Pockyt founded?

Pockyt was founded in 2017.

How much funding has Pockyt raised?

Pockyt has raised 4630000.

Location
East New York, United States
Founded
2017
Funding
4630000
Employees
39 employees

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Pockyt

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Executive Summary

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.

pockyt.io10K+
cb
Crunchbase
Founded 2017East New York, United States

Funding

$

Estimated Funding

$3M+

Team (30+)

No team information available.

Company Description

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.

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.

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.

Revenue Model

Pockyt generates revenue through transaction fees and subscription-based access to its platform and value-added services.

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