Tanori Hair, a human hair export company, was struggling with high transaction fees and delays using PayPal, Payoneer, and direct bank transfers. Since switching to Karbon Business, they’re saving 40–50% on fees, with 100% payment success and on-time settlements.
Tanori Hair, a human hair export company, was struggling with high transaction fees and delays using PayPal, Payoneer, and direct bank transfers. Since switching to Karbon Business, they’re saving 40–50% on fees, with 100% payment success and on-time settlements.
Every quarter, Tanori Hair shipped hair extensions internationally and received lump-sum payments. However, they faced significant costs and delays for currency conversion and transfers:
• PayPal: ~3.9% + fixed fee → ~$780 per transaction
• Payoneer: ~2% → ~$400 per transaction
• Bank transfer: 0.5–1% + SWIFT charges → ~$200–$400 per transaction
Apart from the high fees, transfers often got stuck or failed with banks. On PayPal, funds had to be withdrawn within 14 days, leaving no buffer for currency fluctuations.
Every quarter, Tanori Hair shipped hair extensions internationally and received lump-sum payments. However, they faced significant costs and delays for currency conversion and transfers:
• PayPal: ~3.9% + fixed fee → ~$780 per transaction
• Payoneer: ~2% → ~$400 per transaction
• Bank transfer: 0.5–1% + SWIFT charges → ~$200–$400 per transaction
Apart from the high fees, transfers often got stuck or failed with banks. On PayPal, funds had to be withdrawn within 14 days, leaving no buffer for currency fluctuations.
Looking for a faster, more cost-effective solution, Tanori Hair reached out to the Business Development team at Karbon Business. They wanted a platform that could reduce fees, simplify international transactions, and provide reliable support.
After understanding their requirements, Karbon offered the perfect solution. The flat 1% fee addressed their cost concerns, while the 60-day money hold feature added flexibility for quarterly transactions. Additionally, the dedicated account manager and multi-currency wallets made managing payments straightforward and transparent. Setting up the account was quick, with smooth onboarding, virtual accounts, and compliance guidance ensuring no delays or confusion.
Since switching, Tanori Hair has seen measurable improvements:
• Transaction fees dropped by 40–50%, saving ~$400–$500 per quarterly transaction which is roughly $1,600–$2,000 a year.
• Faster settlements: Payments now clear in 1–2 business days, compared to up to 5 days previously.
• Smoother operations: Multi-currency wallets, virtual accounts, and a dedicated account manager give full visibility and control over every transaction.
With Karbon, Tanori Hair plans to continue scaling its export operations, confident that international payments won’t slow them down. The platform has given them the headspace to focus on their core business while reducing costs and operational friction.