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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Sokin serves as a comprehensive global business payments platform that enables companies to efficiently manage their accounts, transfer funds, accept payments, and operate seamlessly in international markets from a single interface. With the capability to hold and oversee funds in 26 different currencies, businesses can streamline their operations by minimizing reliance on multiple providers or regional banks. The platform facilitates global payments in over 70 currencies, enabling transactions in more than 170 countries through local payment methods, SWIFT, and instant transfers between Sokin accounts. Teams can enhance efficiency by saving beneficiary details, converting currencies, assigning user roles for payment approvals, and processing as many as 5,000 unique payments simultaneously, thereby cutting down on manual tasks. Additionally, Sokin accepts payments via cards and various alternative payment avenues while offering embedded financial services through adaptable APIs. Businesses can also automate a range of processes, including payouts, currency conversions, onboarding, as well as KYC and KYB procedures, all while seamlessly integrating these functionalities into their own products, thus enhancing their operational efficiency. This integration not only simplifies financial transactions but also provides businesses with greater control and flexibility over their payment operations.

Description

Simplifying international business payments is our mission at WorldFirst, a company dedicated to facilitating global money transfers. We offer customers the ability to effortlessly create one or multiple local currency accounts online at no cost, enabling them to conduct foreign exchange transactions across 68 currencies with remarkable speed and efficiency. Our platform allows businesses to collect payments from global marketplaces seamlessly. You can convert your money when it’s most convenient for you, and manage payments in various currencies through a single account. This centralized management system is designed for companies that need to import goods and pay overseas suppliers efficiently. Experience secure and swift international money transfers while minimizing risks with our comprehensive hedging solutions, ensuring that your budgets and future objectives remain intact. Our service also allows for the dispatch of mass payments in a single transaction, which can significantly reduce time and costs. With the ability to open up to 10 local currency accounts, you can start receiving funds from international markets within minutes, enabling you to hold and manage funds effectively for supplier payments and repatriation. This versatility not only enhances operational efficiency but also supports your business's growth and stability in the global marketplace.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Xero Yes 
NetSuite Yes 
QuickBooks Online Yes 
Sage 100 Yes 

Integrations

Xero Yes 
NetSuite No 
QuickBooks Online No 
Sage 100 No 

Pricing Details

Free
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Sokin

Founded

2019

Country

United Kingdom

Website

sokin.com

Vendor Details

Company Name

WorldFirst

Founded

2004

Country

United Kingdom

Website

www.worldfirst.com/uk/

Product Features

Product Features

Alternatives

Alternatives