Case Study: Thai freelancers and remote workers on Upwork achieve faster EUR payments with TransFi

Thai Freelancers and Remote Workers on Upwork reduce Upwork wire fees by $30 with TransFi

The customer, Thai freelancers and remote workers on Upwork, faced significant challenges receiving international payments, including high transaction fees, processing delays, and unfavorable exchange rates from traditional banking methods and other payment services. To overcome these obstacles, they sought a more efficient solution from the vendor, TransFi, utilizing its BizPay and Payouts services.

TransFi provided a solution by enabling these freelancers to receive payments in EUR directly through its platform, which offers multi-currency support. This integration streamlined the payment process from Upwork, resulting in reduced fees, faster access to funds, and greater flexibility to hold, convert, or withdraw earnings. The measurable impact was a more efficient and cost-effective system for managing cross-border finances.