Customer case
Tipa Corp was able to create a cost-efficient international payments infrastructure
COMPANY
Tipa Corp
LOCATION
Worldwide
INDUSTRY
BioPlastic Packaging
Number of annual payments
600
Products used
International Payments,
Bank Accounts
FX
TIPA Corp Ltd. is an Israeli company manufacturing biodegradable plastic packaging with a help of international suppliers
The Challenge
As a manufacturing company based in Israel, Tipa was looking to reduce the costs of paying their suppliers and employees worldwide (Europe, USA, UK, Australia).
Solution
- By using Hedgewiz, TIPA was able to use multiple worldwide local accounts to make payments, allowing them to control multiple accounts through one place, thereby reducing costs and time spent opening foreign bank accounts.
Result
Costs by payments were reduced by 80%, using multiple account worldwide to make international payments locally, fast and low-cost.
