What is DokyPay? DokyPay Review, Features

DokyPay (Beijing Lingyun Times Technology Co., Ltd.) was founded in 2017 with the aim of providing one-stop localized payment services for Chinese companies going overseas. It is a leading localized payment solution provider in the ToB field.

About DokyPay

Currently, DokyPay is headquartered in Beijing, with branches in Singapore, India, Indonesia and other places. Its business covers Southeast Asia, South Asia, Europe, America, Latin America and other markets. By accessing local e-wallets and online banking and other payment methods, DokyPay helps merchants to achieve barrier-free payment collection in many countries. The DokyPay system has passed the PCI-DSS certification and is safe and stable.

Products and Services

1. Payment Gateway

The global payment gateway system in India, Indonesia, etc. supports more than 200 payment methods in many countries around the world, providing customers with a convenient and simple payment experience.

1. Features

(1) Global coverage: Covering many countries around the world, including India and Indonesia, and supporting multiple currencies for acquiring and settlement.

(2) 200+ payment methods: We provide 22+ payment methods worldwide, including various wallets, credit cards, debit cards, online banking, UPI, and VA.

(3) Easy access: It supports cashier, API mode and SDK mode integration. Customers can integrate Dokypay with your website or APP through simple system docking.

2. Integration method

(1) Cashier: Embed the dokypay cashier on the merchant's website, and you can collect payments without having to develop a cashier. Click to jump to the cashier integration mode section of the interface document.

(2) API mode: Merchants can customize the cashier style and integrate with dokypay through API to provide your users with a good payment experience. Click to jump to the API integration section of the interface document.

(3) SDK mode: Integrate dokypay's SDK into the customer's APP to complete all payment steps within the APP. Click to jump to the SDK integration section of the interface document.

3. Payment method

Online banking, e-wallet, credit card, debit card, UPI, VA.

4. Supporting industries

Electronic games, live video streaming, online literature, air travel tickets, and studying abroad.

2. Payment on behalf of others

Real-time, 24/7 payments to bank cards, UPI and e-wallets in multiple countries around the world.

1. Features

(1) Real-time payment: Supports real-time payment from the customer's account to any account designated by the customer.

(2) Diverse payment accounts: Supports payment to multiple bank card UPI and wallet accounts.

(3) All-weather service: Support 7*24 hours service, you can complete the payment operation at any time.

(4) Batch payment: Customers can complete batch payment through the merchant backend to quickly complete large-scale payment operations.

2. Payment method

(1) Batch payment

Customers can initiate batch payment requests on the merchant's self-service platform. DokyPay will quickly process the merchant's payment application and transfer the funds to the designated account. Specific operation process:

Select the channel and type to download the template;

Select the channel and type to upload the file;

Check the payment progress.

(2) Payment via API

Customers can integrate DokyPay's payment API and directly call DokyPay's API in your system to send payment requests. The system will process your payment requests in real time and transfer the funds to the designated account. The specific steps are as follows:

Integrate DokyPay ’s payment interface into the merchant’s own system;

The merchant initiates a payment request through the interface;

· DokyPay completes the payment and the payee successfully receives the payment.

3. Subscription

By integrating dokypay's subscription products, customers can provide users with subscription plans, and after obtaining authorization, they can complete subsequent periodic automatic deductions according to the subscription plan.

1. Features

Supporting various products and services with cyclical and continuous consumption scenarios in India.

· After the customer creates a subscription, DokyPay will automatically renew according to the subscription plan without the merchant having to carry out complex system development.

Provide payment methods for customers to complete their subscriptions through e-wallet debit and credit cards.

Customers who meet the free trial scenario can choose to set a trial period to better promote their products and services.

2. Subscription Type

(1) Fixed amount

Products and services available to customers are fixed amounts each period.

(2) Non-fixed amount

The products and services available to customers may change during each cycle, and merchants can customize the transaction amount for each renewal.

3. Subscription process

Merchants display subscription products and plans to users;

· Users choose to subscribe to products and create subscription plans;

Complete the renewal according to the subscription plan within the subscription period ;

Users continue to enjoy products and services.

IV. Bank Account Verification

Check the validity and accuracy of a bank account in real time.

1. Features

(1) Improving the success rate of payment

Checking the validity of the bank account before making payment can effectively increase the success rate of payment.

(2) Reduce bad debt risk

Verifying the authenticity of bank accounts can effectively help customers reduce the bad debt risk of products and services.

(3) Improving user quality

Checking the validity and authenticity of bank accounts can help customers improve the quality of service and reduce the proportion of malicious complaints to a certain extent.

2. Usage

API mode: DokyPay provides a bank account verification API. Customers can integrate bank account verification into their own business processes to improve the efficiency and quality of business development. The steps are as follows:

Purchase products;

Use products in accordance with their business scenarios;

· Query product usage records.

Fee Description

1. Access fee: 320 USD, one-time charge.

2. Transaction fees: Different payment methods have different rates, and the rates are quoted in a tiered manner. Once the monthly transaction volume reaches a certain amount, the rates can be lowered. There are no hidden fees.

3. Settlement fee: USD 35 per transaction.

4. Settlement method: Bank wire transfer of US dollars to bank account (if currency exchange service is activated, RMB can be wired to domestic bank account).

5. Settlement cycle: The settlement cycle varies depending on the country of access and payment method, and can be as low as T+7.