Sokin augments overseas transfers with its global currency account

Thursday 16 December 2021 11:26 CET | News

UK-based payment service provider Sokin has pledged to support Canada’s migrant population by giving consumers 51% cheaper global money transfers.

Sokin’s Global Currency Account is an inclusive and cost-effective alternative to Canada’s current remittances system. Since its August 2021 product launch, Sokin has amassed 60,000 registrations to its platform with a further 100,000 on its global waiting list.

Sokin is a payment platform that takes the subscription model, like Spotify and Netflix, and allows consumers to receive and send unlimited money transfers, and access cost-effective currency exchange in 38 currencies, such as Rupees, Peso, Dollar, to over 200 countries and territories for one fixed monthly fee.

Sokin is equipped to support Canada’s growing migrant population, which includes nationalities such as India, China, the Philippines, Pakistan, Nigeria, and the United States, due to a large portfolio of currencies and an app interface which remains the same, no matter the user’s location. The Sokin Global Currency Account can also be accessed in French as well as English, Portuguese, Spanish and German.

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Keywords: Sokin, online payments, cross-border payments, remittances, subscription payments
Categories: Payments & Commerce
Countries: Canada
This article is part of category

Payments & Commerce