Sokin Pay

Introducing Sokin Pay — a global payment gateway for Sokin customers. Designed specifically for Adobe Commerce (Magento 2) platforms, Sokin Pay offers a cutting-edge payment extension that consolidates multiple payment methods into one seamless solution. By integrating Sokin Pay into your Magento store, you empower your business to manage payments swiftly, efficiently, and transparently, making it the ideal solution for success on the global stage. 

With Sokin, you can transfer, hold, and exchange over 100 currencies with our multi-currency IBAN and local currency accounts—all through one single system, plugged into awesome FX rates. There are no setup fees and no monthly fees. Offering your customers a variety of secure payment options — including credit cards, Google Pay, Apple Pay, and direct bank debits — you cater to diverse preferences and boost conversion rates.

Please note that registering an account with Sokin is a prerequisite for using this extension. Once registered, you can easily integrate the payment gateway into your Magento store and start accepting payments from customers worldwide. For more information and to set up an account, visit sokin.com.

Features

• Global Payments Platform: Access multi-currency accounts and low-cost international transactions, enabling your business to operate globally with ease.
• Unified Payment Methods: Offer a wide range of payment options to your customers, all through a single integration. This includes major credit and debit cards, digital wallets like Google Pay and Apple Pay, and direct bank debits.
• Quick Integration: Designed for hassle-free installation and setup, Sokin Pay allows you to integrate the extension into your Magento store swiftly and efficiently with minimal technical expertise.
• Enhanced Security with 3DS: Built-in 3D Secure (3DS) authentication helps prevent fraudulent transactions and provides peace of mind for both you and your customers.
• Responsive Design: Fully responsive and optimised for all devices, Sokin Pay ensures a smooth checkout experience for customers shopping on desktops, tablets, or mobile phones.
• Real-Time Transaction Monitoring: Access detailed transaction reports and analytics within your Magento dashboard, allowing you to monitor sales and payment activities in real-time.
• Multi-Currency Support: Accept payments in 24 currencies, expanding your reach to international customers and markets.
• Dedicated Support: Our expert support team is available to assist you with any questions or issues, ensuring that your payment processing runs smoothly at all times.

User Interface and Experience

Sokin Pay integrates seamlessly into your existing Magento store, adding a secure and user-friendly payment gateway at checkout. Customers will see additional payment options displayed clearly during the checkout process, allowing them to choose their preferred method easily. 

Customisation

Customisation is currently not available but planned for upcoming versions of the extension. We understand that every business is unique and we are working hard to make sure merchants can adjust the user experience to meet their specific business needs.

Configuration Guidelines

To configure the Sokin Pay extension, you will need your X API Key, API URL, and Checkout URL. The X API Key can be found on the Sokin Business Portal under Settings > Sokin Pay API Configuration. Once you have these details:

1. Access Your Magento Admin Panel: Log in to your Magento backend to begin the setup process.
2. Navigate to Sokin Pay Settings: Go to Stores > Configuration > Sales > Payment Methods and locate Sokin Pay in the list of available payment methods.
3. Enter Configuration Details: Input your X API Key, API URL, and Checkout URL into the corresponding fields. Also choose which countries to allow.
4. Save and Test: Save your settings and perform a test transaction to ensure everything is functioning correctly.

This straightforward setup process ensures you can start accepting payments quickly and efficiently. For more information, please refer to the Sokin API documentation.

Security

Security is at the core of Sokin Pay's functionality. We utilise advanced encryption and security protocols to protect sensitive payment information.

• PCI Compliance: Sokin Pay is fully PCI DSS compliant, adhering to the highest security standards in the payment industry. Our integration method qualifies for compliance level 1, significantly reducing the PCI compliance burden on merchants.
• Integration Method: Sokin Pay uses a Hosted Payment Page (HPP) integration method. During checkout, customers are securely redirected to Sokin Pay's PCI-compliant payment page to enter their payment details. After the transaction is completed, customers are redirected back to your store. This method ensures that sensitive cardholder data does not pass through or reside on your Magento server.
• Data Handling:
  • Customer Data Entry: Customers enter their payment data directly on the secure Sokin Pay payment page, not on your Magento site.
  • Data Storage: No sensitive payment data is stored on your Magento server. Only non-sensitive transaction data, such as order confirmation and payment status, are communicated back to your store.
• Customer Data on Magento Server: By not handling or storing sensitive payment information on your server, you minimise security risks and simplify compliance requirements.
• 3D Secure Authentication: The built-in 3D Secure (3DS) protocol adds an extra layer of security by requiring customers to complete an additional verification step with the card issuer, further reducing fraud and chargebacks.
• Encryption and Tokenisation: All communication between your store, customers, and Sokin Pay is encrypted using industry-standard SSL/TLS protocols. Payment details are tokenised, ensuring that sensitive information is protected during transmission and storage.

By choosing Sokin Pay, you can offer your customers a secure, convenient, and diverse set of payment options while maintaining the highest standards of payment security and compliance. Our hosted payment solution offloads the handling of sensitive payment data to Sokin, allowing you to focus on growing your business with peace of mind.