API
FX
International Payouts
Global Account
Challenge
FrontEdge gives businesses engaged in cross-border trade the ability to collect payments from international sellers and cash flow solutions to help run and scale their businesses. Organically, cross-border payments are a critical part of international trade. Enabling FX conversion, as timely receipts and payment of international counter-parties, is crucial for growth. FrontEdge were looking for a solution that would hold clients’ funds in multiple currencies and make programmatic FX payments with reliable settlement time.
How we helped
Our API solution enables FrontEdge to collect, hold, payout and convert funds to facilitate trades and transactions by importers and exporters.
Verto was able to provide a global payment collection, FX conversion and multi-currency payout with a single API.
Outcome
Verto enabled FrontEdge to implement the solution within months and focus on what they do best; growing their customer base and adding product features to improve their customer experience.
Their customers now have the ability to seamlessly make international payments to suppliers globally without leaving the FrontEdge platform and in just a few clicks.
