Sokin Launches Unified Checkout and Payment Links for UK Businesses

Quick Summary

Sokin has launched Sokin Checkout and Payment Links in the UK, allowing businesses to accept card and digital wallet payments directly into their existing accounts. This expansion transforms Sokin into a unified financial infrastructure platform, enabling companies to receive, hold, and convert multi-currency funds within a single dashboard.

How does Sokin Checkout simplify UK business payments?

Sokin Checkout solves the problem of fragmented financial stacks by allowing UK businesses to accept customer payments via card, Apple Pay, and Google Pay without needing multiple provider integrations. By centralising receivables, finance teams can avoid the complexity of managing disconnected tools for FX, treasury, and global payments.

• Like-for-like settlement in USD, GBP, EUR, and CAD.
• Support for major card schemes including Visa, Mastercard, and Amex.
• Integration with digital wallets like Alipay and WeChat Pay.

The platform eliminates the need for manual reconciliation, as funds settle directly into the same multi-currency IBAN used for outgoing payments and treasury management.

What are the benefits of Sokin Payment Links for finance teams?

The new Sokin Checkout ecosystem includes Payment Links designed to automate the accounts receivable process. Instead of manually chasing invoices via email, businesses can generate secure QR codes or links that trigger automatic reminders and provide real-time status updates.

• Automated late notices that follow up on the company's behalf.
• Real-time payment tracking visible within the unified dashboard.
• Embedded storefront options for seamless point-of-sale experiences.

This automation reduces operational overhead costs and ensures that the entire payment lifecycle—from request to final settlement—is managed through a single login, enhancing oversight for CFOs and treasurers.

How does the AI layer enhance global financial operations?

Beyond simple payment acceptance, Sokin Checkout is supported by an AI agentic layer that sits on top of the financial infrastructure. This technology helps businesses optimise currency exposure and make data-driven financial decisions in real time as they scale across borders.

• Risk management tools to monitor cross-border transaction safety.
• Exposure optimisation for businesses holding 26 different currencies.
• Unified dashboard analytics covering 70+ exchangeable currencies.

By combining Sokin Checkout with existing FX and Send capabilities, Sokin provides a comprehensive end-to-end solution for the modern global enterprise.

FF NEWS TAKE:

Sokin’s move to include merchant acquiring capabilities via Sokin Checkout significantly moves the needle. By bridging the gap between "pay-out" and "pay-in" within one platform, they are directly challenging traditional merchant acquirers and legacy banks. For UK businesses, the reduction in "tool fatigue" and the addition of AI-driven treasury insights makes this a highly compelling alternative to fragmented fintech stacks.