Toku
A Latin American fintech platform specializing in automating and optimizing recurring payment collections with secure, customizable, and integrated solutions.
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Product Overview
What is Toku?
Toku is a cutting-edge payment technology platform founded in 2020, focused on simplifying and automating the collection of recurring payments for businesses across Latin America. It offers a fully customizable payment portal that integrates multiple payment methods into a seamless experience, enabling companies to increase revenue, reduce administrative workload, and enhance customer payment experiences. With strong security standards including PCI DSS Level 1 certification, real-time payment reconciliation, and AI-driven customer communication, Toku supports industries such as insurance, education, utilities, telecommunications, and finance in Chile, Mexico, and Brazil.
Key Features
Customizable Payment Portal
White-label online portal tailored with client branding, allowing customers to pay without redirection to external sites.
Automated Recurring Payment Management
Streamlines the entire collection process with automatic payment activation, intelligent retries, and subscription billing.
Multi-Channel Customer Communication
Uses AI to contact customers via WhatsApp, SMS, or email for payment reminders and overdue notifications.
Robust Integration Options
Supports API, FTP, and native integrations with ERP and CRM systems like Oracle and SAP, plus file-based data exchange without development.
Real-Time Payment Reconciliation
Consolidates payment data in a single platform, providing immediate visibility and reducing manual reconciliation efforts.
Highest Security Standards
PCI DSS Level 1 certified with tokenization to protect sensitive payment data and ensure transaction security.
Use Cases
- Subscription-Based Businesses : Automates billing and collections for companies with recurring revenue models, improving cash flow and customer retention.
- Financial Services and Insurance : Enhances payment approval rates and reduces manual collection efforts through intelligent automation and secure processing.
- Telecommunications and Utilities : Simplifies payment acceptance across multiple channels, including cash and digital methods, tailored to regional preferences.
- Education Sector : Manages tuition and fee collections efficiently with automated reminders and flexible payment options.
- Enterprise Integration : Seamlessly connects with existing ERP and CRM systems to streamline financial operations and reporting.
FAQs
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