OverviewBack to top
Foloosi is a UAE based fintech startup facilitating consumers with an easy to use option for enabling all your business with a robust payment gateway that is accessible, convenient and simple backed by reputed partners to provide security and a credible and reliable customer experience. Foloosi offers a complete technically advanced digital solution, which seamlessly connects consumers with businesses to provide actionable flow of events resulting in a fast and secure way of making payments based on QR codes and card networks. Foloosi online marketplace provides a convenient way for a customer to make payments for products and services purchased from businesses listed in the Foloosi online portal. It is integrated with the multi currency options without volatility risks. Premium support is included for free with this free integration from foloosi.com, trusted by over 5K merchants in the United Arab Emirates.
This integration over any of your eCommerce website gives you an additional method of payment options. It accepts multi currencies and generates additional income for your store. This extension is easily installed with any of your sites using our installation guide. Once installed, you enable the customers to checkout via foloosi payment options, when the customer has paid you will get notified via Magento and by email. The payment will (if required) be converted and sent to your local bank account. Payout to 50 fiat currencies worldwide. It's as simple as that.
The typical use case when you choose to enable this alternative form of payment, is to enable seamless cross-border payments, fast transfer, to enable your brand for the new fintech open finance reality or just because your audience demands it! Then this plugin will cater all your needs. Your site will not get modified in any way, rather you simply get one more checkout option.
Foloosi.com supports multi-currencies and does all the hard stuff for you when the payment processing for your site happens across UAE banks. We make charges for every settlement and payout with a settlement fee of 29 AED per transfer as it takes the settlement period of T+7 days to the merchant account fund transfer.
Account & Pricing:
You will need to sign up on foloosi.com, first to create a free business account after which you can configure the integration plugin inside your Magento store. The foloosi account is not created during the installation of the plugin, how to perform the integration of folloosi payment plugin with your magento store, steps required are described completely in the installation guide. You must create a separate business account for the payment gateway integration with your website via https://www.foloosi.com/business-signup
There are no costs involved in the creation of your account on foloosi.com , as everything is completely free. As we charge only for every settlement and payouts happen between the customers per transfer. To know more about the pricing of all our technology services please do visit https://www.foloosi.com/pricing. You can possibly reach us to know about our products and its services on https://www.foloosi.com/contact-us.
- Accepts multi-currencies
- Powerful dashboard with the real time analytics
- Inventory management
- Complete API driven automation
- Instant notifications
Security & Privacy:
All your personal details that we store inside foloosi.com needed to perform payouts and are not shared with anyone. The respective data is stored encrypted using Advanced Encryption Standard (AES256) and is not transmitted in any case. The details needed to complete the transaction are secured using https and are not exposed outside the scope of the integration functionality. Thus the data that is transmitted from Magento to foloosi includes: merchantid, order number, amount, currency to be used for payment and much more. The end customer never leaves the site, while the backend communication takes place. We primarily focus on the security and privacy of our users very seriously. Our technical team has experience with fortune 500 secure systems and will always be available for any technical assistance.
Technical SpecificationsBack to top
Magento platform compatibility
Open Source (CE): 2.3 (current), 2.4 (current)
03 February, 2021
Extensions, Payments & Security, Checkout Enhancements, Payment Integration
Quality ReportBack to top
All tests were conducted on the latest versions of Magento that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.
Release NotesBack to top
- Compatible with Open Source (CE) : 2.3 2.4
- Stability: Stable Build
The Foloosi Payments plugin allows you to accept credit card and debit payments via Foloosi payment gateway on your Magento site easily.
This plugin will add a Foloosi Payment option on Magento checkout page, when user choses Foloosi as Payment Method, he will have redirected to Foloosi to complete the transaction, Foloosi will send that user back to your website along with transactions details. One click payment via Foloosi with a remember me feature. Responsive design so it is compatible with all devices and browsers.
SupportBack to top
The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.Contact Vendor