Count all the fingers in every pie!

Coral Commerce announces the launch of Coral Goby, an accounting service add-on, making it easier for digital businesses, merchants and ISOs to account for every fee and commission linked to payments.
 
LONDON - Dec. 22, 2020 - PRLog -- Coral Commerce Limited, a UK fintech that provides PCI DSS compliant smart checkouts to digital businesses globally, today announced the launch of Coral Goby, an accounting add-on for ISOs, merchants and businesses wishing to track their wholesale & retail fees, as well as any commissions earned from every payment, across all payment options and payment types.

We love coral reefs and the communities they create and grow, so it made sense to name this add-on after one of our favorite fish. Goby fish are renown for sifting small grains of sand in a reef, like Coral Goby does for transactions, accounting for every change, every fee and every commission.

ISOs typically have multiple merchants contracted to multiple payment gateways regionally or even globally, moving merchants to where more efficient or less costly services become available. Coral Commerce ensures that ISOs now onboard their merchants only once, a single integration exercise for the digital businesses, whilst making it possible to process their payments through any of many payment sponsors in the Coral Commerce upstream layer.

The Coral Commerce service aggregates all these functions for the ISOs and their merchants into one management tool. Whilst accounting for fees and commissions has always been a feature of the service, Goby collates the functionality into one cohesive flow through which ISOs can manage all the fees, commissions, invoices, statements and notifications across all their relevant payment sponsors and merchants.

The service breaks down the complexity of financial accounting in multi currency payments, rendered in easier-to-digest flows, automated for the ISOs and merchants.

Give us a visit for more information - https://coralcommerce.com

Contact
Johan de Lange CCO, Simon Boulton CFO,
Jose Pita CTO, Abbey-May Mortimer CRO
***@coralcommerce.com
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