Pockyt

Level 1 Sponsor

Pockyt is a digital wallet payments platform that enables companies to engage with and sell to more than 2.3 billion consumers globally. With less than 14% credit card penetration across Asia, digital wallets are the primary form of payment for Asian shoppers and quickly becoming more relevant across North America, Europe, and South America. A single integration to Pockyt allows companies to accept 40 global digital wallets, including WeChat Pay, Alipay, KakaoPay, Venmo, PayTM, etc. These digital payment methods remove friction from the checkout experience, save companies over 60% in transaction fees, eliminate fraud and chargebacks, and reach a new demographic and geographic customer base.

In addition, Pockyt can help western businesses enter the Asian market via mini-programs, delivering a localized shopping experience on the world's leading super apps, namely Alipay, WeChat, and Kakao. Mini-programs enable companies to connect directly with an Asian consumer base and build brand awareness throughout Asia. The localized and personalized shoppable mini-program within Alipay drives traffic from Alipay's 1.3 billion users to the mini-program, which increases visibility and conversions and drives sales. As part of our holistic end-to-end mini-program engagement, Pockyt builds, deploys, and supports the program and provides integrated cross-border payments, which deposits funds into the merchant's home bank account in their local currency. In addition, Pockyt facilitates logistics, shipping products from the U.S, E.U., and the U.K. directly to the Asian consumers' door, with all freight and duties paid as part of the initial sale.