Powered by Syka
- Monthly subscription
- $1,200/month
- Setup fee
- None
- Transaction fee (Syka's cut)
- 0.95% of transaction value
- Your markup
- You set it. You keep it.
- Merchant accounts
- Unlimited
- KYC/AML infrastructure
- Included
- Support
- Standard
Over 3000 businesses in 7+ countries use SYKA
The Payment Infrastructure Built For Emerging Markets
Trusted by financial institutions across Africa and the Caribbean. Built on stablecoin rails. Backed by enterprise-grade compliance.
Instant Payments, Zero Limits
Simple, fast, and transparent global payments
WorkesAppz
Payments
Solutions
Low-Cost Payments Built Specifically For Emerging Markets.
One Platform For Every Institution That Moves Money.
Get startedRural Banks & Credit Unions
Offer your customers fast, affordable cross-border payments without building the infrastructure yourself. Syka's merchant platform integrates directly into your operations. Your tellers process transactions, we handle everything underneath.
Fintechs & Payment Companies
Power your cross-border product with Syka's API and settlement infrastructure. White-label our platform or build on top of our rails. Launch faster, stay compliant, and scale without limits.
FX Operators & Exchange Bureaus
Licensed FX operators use Syka's merchant platform to digitize client transactions, automate settlement workflows, and access competitive stablecoin-powered rates, without changing how they serve their clients.
Corporates & Treasury Teams
Institutions moving money across borders use Syka to consolidate payouts, manage multi-currency balances, and earn yield on idle funds, all from a single platform.
The Platform
Everything Your Institution Needs To Execute Cross-Border Payments.
Syka Merchant Platform
The Syka Merchant Platform is a desktop application for banks, FinTech's, and FX operators. Your team processes cross-border transactions for clients directly from the platform. We handle the rest: conversion, settlement, payout, and confirmation.
Book a Demo
Cross-Border Payment Processing
Syka processes cross-border payments using stablecoin rails, converting local fiat to USDC at the point of send, settling across borders in minutes, paying out in the recipient's local currency.
Treasury Management and Yield
Businesses and institutions holding USDC or USDT balances on Syka earn yield on idle funds through our treasury management suite with full liquidity. Treasury tools give your institution full control over currency strategy.
Learn About Treasury
KYC and Compliance Infrastructure
Syka takes on the compliance burden so your institution does not have to. Every merchant and end customer onboarded through the Syka platform is subject to Syka's full KYC and AML process, powered by best-in-class identity verification and sanctions screening technology.
Talk to Our Compliance Team
Pricing
Transparent pricing
Pay a fixed monthly subscription for platform access. Transaction fees are deducted from the transaction value, and your institution keeps 100% of any markup you charge your clients.
White-Label
- Monthly subscription
- $3,500/month
- Setup fee
- $5,000 one-time
- Transaction fee (Syka's cut)
- 0.95% of transaction value
- Your markup
- You set it. You keep it.
- Merchant accounts
- Unlimited
- KYC/AML infrastructure
- Included
- Support
- Dedicated account manager
Countries We Currently Support
Canada
CADGhana
GHS
Argentina
ARS
United Arab Emirates
AED
Brazil
BRLCanada
CADGhana
GHSArgentina
ARSUnited Arab Emirates
AEDBrazil
BRL
Chile
CLPEurozone countries
EURUnited Kingdom
GBP
Indonesia
IDR
India
INR
Mexico
MXNNigeria
NGN
Peru
PEN
China
CNYUnited States
USD
Thailand
THB
Turkey
TRY
Vietnam
VND
Australia
AUD
Philippines
PHP
South Africa
ZAR
Tanzania
TZS
Uganda
UGX
Kenya
KES
Cameroon
XAF
Central African Republic
XAF
Chad
XAF
Republic of the Congo
XAF
Equatorial Guinea
XAF
Gabon
XAF
Benin
XOF
Burkina Faso
XOF
Côte d'Ivoire
XOF
Guinea-Bissau
XOF
Mali
XOF
Niger
XOF
Senegal
XOF
Togo
XOFReady To Bring World-Class Payment Infrastructure To Your Institution?
Join thousands of African entrepreneurs competing globally with Syka.
Frequently Asked
Questions
Is this a real bank account?
It functions as one for receiving purposes — your business is issued genuine account details in its own name, held through our regulated banking partners.
How long does it take to open an account?
Most verified businesses are approved and issued account details within two working days.
Can I receive payments in more than one currency?
Yes. Enable US dollar, British pound, and euro accounts individually, each with its own dedicated details.
What happens to the money once it arrives?
It lands in your Syka balance, where you can hold it, convert it to another currency, or pay it out.
Do my clients need to do anything unusual to pay me?
No. From their side, it is an ordinary domestic payment to a local account.