Straal provides a global payment gateway that enables online and omnichannel merchants to accept card payments in multiple currencies with features like one-click payments and real-time fraud protection. The platform simplifies payment integration and management, allowing businesses to enhance their cash flow and reduce transaction risks efficiently.
Funding
$3.1M 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
Many online and omnichannel merchants face complexities in accepting card payments across different currencies, hindering their ability to expand globally and optimize cash flow. Integrating and managing multiple payment systems can be cumbersome, and businesses also require robust fraud protection to mitigate transaction risks.
Solution
Straal provides a global payment gateway designed to streamline online and omnichannel payment processing, enabling merchants to accept card payments in various currencies through a single platform. The gateway simplifies payment integration with e-commerce platforms via plugins and offers tailored solutions for custom business needs. Straal's platform includes features like one-click payments to enhance user experience, analytics and reporting tools to track cash flow, and real-time fraud prevention to minimize transaction risks. By connecting merchants with the appropriate payment methods in local languages and currencies, Straal facilitates global reach and improves customer satisfaction.
Target Audience
Straal primarily targets online and omnichannel merchants, including small businesses and enterprises in sectors like entertainment, seeking to expand their global reach and optimize payment processing.
Features
- Global payment gateway supporting cross-border card payments in multiple currencies
- Payment plugins for seamless integration with popular e-commerce platforms
- One-click payment functionality for improved customer experience
- Open banking payments to provide customers with more payment options
- Recurring payment capabilities for subscription-based services
- Real-time fraud prevention tools to protect against fraudulent transactions
- Analytics and reporting tools to track cash flow and manage transaction risks
- Smart routing and backup processing to maximize transaction effectiveness
- Tokenization to ensure secure card-on-file payments
- Integration with both hosted and integrated checkout pages