Paykassma

What is Paykassma

Paykassma is an online payment solutions provider established in 2019. The company offers a payment gateway designed for businesses of all types to accept payments online from a global customer base. Its core purpose is to provide a single, reliable platform for processing transactions, with a special focus on emerging markets in Asia and Africa, such as India, Bangladesh, Indonesia, Kenya, and Vietnam. Paykassma's main functionality is to enable websites and online services to integrate various payment methods through a single API or iFrame, simplifying the process of collecting money from customers worldwide. The platform is built to handle high transaction volumes while ensuring security and compliance with regulatory standards.

Paykassma Features

Paykassma provides a set of features aimed at improving the payment process for businesses and their customers.

• Extensive Payment Methods: Access over 100 payment methods, allowing businesses to accept payments from customers using their preferred local options.
• Global Reach in Emerging Markets: Specialized support for accepting payments from countries like Tunisia, Myanmar, Cambodia, Kenya, Vietnam, and Indonesia.
• Single Platform Integration: Easily integrate the payment gateway into your website or application using a flexible API or a simple iFrame solution.
• Fast Payment Processing: The payment forms are optimized for speed, with transaction times as low as one second, which helps to reduce customer drop-off.
• High Success Rate: The platform is engineered to achieve a high payment success rate, claiming up to 99%, ensuring more transactions are completed successfully.
• Favorable Settlement Terms: Offers business-friendly financial conditions, including no rolling reserves, no holds on funds, and a fast settlement period of T+0 (same-day settlement).
• 24/7 Customer Support: Provides continuous support every day of the year to assist with any issues or questions.
• Industry-Specific Solutions: Offers tailored payment solutions for various industries, including EdTech, e-commerce, and online services.

Paykassma Pricing Plans

Paykassma uses a custom pricing model tailored to the specific needs of each business. Instead of fixed pricing tiers, they provide a quote based on factors such as transaction volume, business industry, target markets, and required payment methods. This approach is common for payment gateways serving diverse business clients. To get information on fees and conditions, interested businesses must contact the Paykassma sales team or request a demo through their website. This allows them to create a personalized plan that aligns with the business's scale and operational requirements.

Paykassma Free Plan

Paykassma does not offer a standard free plan for its payment processing services. Payment gateways typically charge fees per transaction to cover costs. However, businesses interested in using the platform can request a free demo. The demo allows potential clients to see the platform in action, understand its features, and discuss their specific needs with the sales team before making a commitment. This serves as the primary way to evaluate the solution without an initial cost.

How to use Paykassma

Getting started with Paykassma involves a few straightforward steps to integrate their payment gateway.

1. Contact Sales: First, you need to visit the Paykassma website and fill out the form to request a demo or contact their sales team.
2. Discuss Your Needs: During the consultation, you will discuss your business type, expected transaction volume, and target countries to get a custom proposal.
3. Account Setup: Once you agree to the terms, Paykassma will help you set up your merchant account and provide you with the necessary API keys and documentation.
4. Integration: Your developer can then integrate the payment gateway into your website or application using the provided API or iFrame code.
5. Configuration and Testing: Configure the payment methods you want to offer and perform tests to ensure the system works correctly.
6. Go Live: After successful testing, you can start accepting live payments from your customers across the globe.

Pros and Cons of Paykassma

Here are some of the advantages and disadvantages of using Paykassma.

Pros:

• Strong Focus on Emerging Markets: Excellent for businesses targeting customers in Asia and Africa.
• Fast Settlements: T+0 settlement period provides quick access to funds.
• High Success Rate: The platform is optimized for a high rate of successful transactions.
• Wide Range of Payment Methods: Supports over 100 payment options, including many local ones.
• 24/7 Support: Continuous customer support is available for any issues.

Cons:

• No Transparent Pricing: You must contact them for a custom quote, which makes it hard to compare costs upfront.
• Requires Technical Integration: Setting up the service requires development resources to work with the API or iFrame.
• Less Known in Western Markets: May not be the first choice for businesses primarily focused on North America or Europe.

Paykassma integrations

Paykassma primarily integrates with websites, e-commerce stores, and applications through its developer API and iFrame solutions. This allows for custom integrations into any platform. While specific pre-built plugins for platforms like Shopify or WooCommerce are not explicitly listed, the API provides the flexibility to connect Paykassma's payment processing capabilities with various systems, including:

• E-commerce Platforms: Connects with custom-built online stores or popular platforms like Magento and OpenCart through API development.
• CRM and Billing Systems: Integrate with internal business software to automate invoicing and payment tracking.
• Mobile Applications: The API can be used to embed payment functionality directly into iOS and Android apps.

Paykassma Alternatives

If you are looking for other payment solutions, especially for global or emerging markets, consider these alternatives:

• Stripe: A global leader in online payments with powerful developer tools and extensive documentation. It has wide global coverage but may differ from Paykassma in specific emerging markets.
• Razorpay: A very popular payment gateway in India that offers a comprehensive suite of products for accepting, processing, and disbursing payments, tailored for the Indian market.
• PayU: Has a strong presence in over 50 high-growth markets across Asia, Latin America, and Europe. It is known for its focus on local payment methods.
• 2Checkout (now Verifone): A global payment platform that supports numerous currencies and payment methods, making it a good choice for businesses with an international customer base.

Paykassma API

Yes, Paykassma provides a developer API for integrating its payment gateway into websites and applications. To get access to the API, you must first create a merchant account with Paykassma. After your account is approved, you will receive your API keys and access to the technical documentation from your merchant dashboard. The API allows developers to create payment requests, handle transaction statuses, and manage payments programmatically.

Here is a generic example of what an API call to create a payment might look like using cURL:

curl -X POST https://api.paykassma.com/v1/payment/create \
-H "Authorization: Bearer YOUR_API_KEY" \
-H "Content-Type: application/json" \
-d '{
  "amount": 1000,
  "currency": "USD",
  "order_id": "ORDER-12345",
  "description": "Payment for services",
  "redirect_url": "https://yourwebsite.com/payment/success"
}'

Paykassma Affiliate program

There is no publicly available information on the Paykassma website regarding a formal affiliate or referral program. B2B service providers like Paykassma often manage partnerships on a case-by-case basis. If you are interested in becoming a partner or promoting their services, it is recommended to contact their support or sales team directly. You can inquire about any available partnership, reseller, or influencer programs they might offer to businesses or individuals who can refer new clients.