Airwallex
91 Case Studies
A Airwallex Case Study
The customer, Deliciou, a global plant-based food company, faced the challenge of managing international payments and providing a seamless checkout experience for its overseas customers without incurring high foreign transaction fees. To support its expansion, Deliciou needed to bypass the bottlenecks of the traditional global banking system and avoid the lengthy process of setting up local foreign bank accounts. They partnered with the vendor, Airwallex, to utilize its virtual accounts.
By implementing Airwallex's virtual accounts in the UK, EU, and US, Deliciou could collect revenue in local currencies and repatriate funds to Australia at a significantly lower cost. This solution saved them almost four percent on the margin and drastically reduced their payment processing time from 3-4 days down to 1-2 days. Airwallex provided the efficient cash flow management tool that was essential for Deliciou's continued global growth.
Peter Park
Business Improvement Manager