Case Study: Authentic Vacations saves $10k a month on FX with Airwallex

Authentic Vacations saves $10k a month on FX with Airwallex

Authentic Vacations, a US-based customized travel provider, faced complex and costly supplier payment processes. Paying European suppliers by card in foreign currencies resulted in high cross-border fees and manual, fragmented operations. To protect its profit margins, the company needed a solution from a vendor like Airwallex to reduce FX costs and streamline its funds management.

By implementing Airwallex's Global Accounts and Cards, Authentic Vacations significantly simplified its payment processes. The solution provided local payment rails to replace slow bank transfers, leading to a savings of $10k monthly on FX fees, a 3% saving per card transaction, and reducing transfer times from days to just a few hours.

Authentic Vacations