Case Study: Kovena Simplifies Global Payments with TransferMate

Kovena - Customer Case Study

Kovena, a specialized travel agent and booking services provider for tourism clients such as hotels, resorts, and villas, needed a better way to collect, hold, and pay out funds in multiple currencies across different countries and U.S. states. Its previous payment options struggled with exotic currencies like Fijian dollars and created licensing challenges for interstate money movement.

Using TransferMate Global Payments and its Global Accounts functionality, Kovena can now collect and distribute funds in currencies such as USD, AUD, and Fijian dollars from a single platform. TransferMate helped Kovena speed up payments, reduce FX and transfer costs versus banks, and simplify administration, allowing the team to process payments more seamlessly and accurately.

Kovena

Pargol Mohsenpour

Head of Operations