Case Study: Mecheltron achieves faster, more transparent supplier payments with iBanFirst

Mecheltron - Customer Case Study

Mecheltron, a German electronics trading company, faced challenges with expensive bank fees and slow, non-transparent international payments to its suppliers in China. To improve this process, the company sought a better solution and turned to the vendor iBanFirst for its platform, using it for outgoing payments, currency exchange, and risk management.

By implementing iBanFirst, Mecheltron gained a transparent, faster, and more cost-effective payment solution. The results included savings of several thousand euros, next-day transfers to suppliers, and a swift, successful recovery of funds after a fraud incident, all thanks to iBanFirst's responsive platform and support.

Mecheltron

Hubert Roth

Managing Director