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Case Study

Klasha x Verto: Powering Cross-border eCommerce for African Shoppers Through the Verto API

Klasha is a technology company that builds cross-border commerce solutions for African consumers and international businesses wanting to sell into Africa. Their mission is to make consumer goods and services online more accessible to customers across Africa.

Products Used

  • Benefits Icon - API API
  • Solutions Icon - FX FX
  • Payouts Icon International Payouts
  • Benefits Icon - Global Account Global Account
  • EnterprisesEnterprise
  • Location IconSan Francisco, USA
  • ManufacturingEcommerce, Financial services

Challenge

Klasha processed millions in customer payments for global e-commerce stores. They enable customers from anywhere across Africa to purchase items and pay in their local currency. Klasha required an automated and scalable way to convert the local currencies paid by customers to foreign currencies accepted by their global e-commerce merchants.

How we helped

Verto is helping Klasha convert its local currency received from customers to the preferred currency of choice of its international online sellers. Through our programmatic FX conversion for emerging market currencies, Verto was able to offer a solution that included automated conversion, automated quote generation for buyers on Klasha in their local currency and international payouts.

Klasha's can now delight its customers with price transparency and fast settlement for their global portfolio of online merchants.

Outcome

Klasha is continuing to expand its business globally with automated payment solutions that have created a simplified and convenient experience for its customers whilst saving on FX and payment-related costs.

Our API integration has made Klasha's cross-border payments automated and they can now bring to market new global products to customers, as well as have the freedom to expand their offering to new markets.

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