Case Study: a large payment service provider reduces FX costs and speeds cross-border settlements with TransFi

TransFi Helps PSPs Reduce FX Costs on Cross-Border Settlements

A large payment service provider (PSP) faced significant challenges with its cross-border settlements, including excessive foreign exchange (FX) conversion fees, slow processing times of 2-4 days, and unpredictable currency exposure. To address these issues and improve merchant satisfaction, the company sought a solution from vendor TransFi to modernize its global payment operations.

By integrating TransFi's stablecoin infrastructure and API, the PSP began using USDC and USDT for instant on-chain settlements, bypassing traditional banking intermediaries. This solution resulted in a 42% reduction in FX costs and 80% faster settlement times, with funds moving in minutes instead of days. TransFi's platform also improved the PSP's treasury efficiency and significantly strengthened merchant retention.