Forwarders have built a global industry selling cargo space on ships. Koverly now allows forwarders to profit on the value of what's in that cargo.
LEARN HOW
Implement without overhead, development, technology costs or lending risk.
Receive revenue share when customers process global payments.
Offer added value to customers with highly competitive FX rates and cash flow management solutions.
Koverly’s easy to use global payments platform is highly secure and trusted by thousands of businesses worldwide.
Average forwarder profitability and importer savings per shipping
container when global payments are processed through Koverly.
(No overhead cost.)
(No wire transfer fees.)
Foreign exchange (aka FX) is the changing of currencies. It is used for virtually all global payments - even those made in USD.
All global payments incur foreign transaction costs, despite the currency on the invoice. These costs are often up to 2% of the invoice value.
Koverly significantly reduces foreign transaction costs and provides buyers transparency to real-time conversion rates in an easy-to-use online payment platform.
Let's ConnectNew technologies now make it possible for partners to offer global payments as a service by leveraging Koverly’s platform.
With easy access to highly competitive FX rates, this comes as a benefit to importers while providing forwarders a new, no-cost revenue stream.
Forwarders sit at the nexus of foreign trade.
They enjoy trusted partner status with importers and have unparalleled access to foreign transaction data to easily facilitate a valuable revenue stream in FX invoice processing.
Competition has pushed exporters to offer terms and receive payments after shipments arrive in the U.S.
This provides a natural opportunity for forwarders to facilitate global payments as an added value to their importer partners.
There has been significant innovation in financial technology for global payments.
Forwarders can now access turnkey tools to securely offer FX services that streamline payments and reduce costs for their importers.
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