About
Sonect is a Swiss company that converts every shop into a “virtual ATM”. This reduces cost of cash distribution for banks and eases up in store cash management for merchants via a location-based on-demand service. Users of the platform can withdraw cash from any of the participating shops using a smartphone. Sonect builds a community around local businesses and helps them generate physical leads while banks save up to 50% in running their ATM operations and optimize their presence. Sonect also helps banks expand their services into new regions and increase financial inclusion without any significant capital investment. ❝We connect people who possess cash with people who need cash.❞ We are a team of payment industry experts, banking veterans, IT gurus, sales & marketing champions with a common mission: easy cash, everywhere by leveraging the power of sharing economy.
Community ☛ Enabler Possessing cash means freedom. We believe that cash withdrawals should be available everywhere and to everybody. We constantly seek for new innovative ways to make our services easier and more flexible to our customers. In order to make life easier, we improve the way cash withdrawals work.
☛ Companion As a Swiss company, we offer our services as reliable and professional as the banks in our country – but without the typical bank attitude: We focus on the use and feel of our customers and communicate as easy as possible. To our customers, we are a reliable, solid companion through their daily life that we understand our customers’ needs.
Focus Areas
Services
Industries
- Attorneys/law firms
- Banking
- Books, magazines & newspapers
- Business services
- Car rentals
- Edtech
- Events & Tickets
- Gaming, skill games
- Health and beauty
- Lodging accommodations
- Luxury Goods & Jewelry
- Retail, non-specialised
- Travel & vacation services
- Webservices
Geography
- North-West Europe
- South-East Europe
Supported Features
Payment methods
- Alternative 2
- Direct debit 2
- Apple Pay
- Google Pay
- MasterCard
- Visa
Card networks
- MasterCard
- Visa
- MasterCard
- Visa
Transaction currencies
- National 184
Settlement currencies
- National 184