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Industry & Location: Used car dealer in Lithuania.
Benefits: TransferGo gave Pirmas Pasirinkimas, MB a competitive edge for securing new deals.
“Traditional bank transfers used to take days, but with TransferGo, I’m able to transfer money in around 30 minutes. This has given me a competitive edge to secure deals quickly. The platform is simple and reliable and the real-time notifications are reassuring. TransferGo has both streamlined my transactions and boosted my confidence in negotiations!” Evaldas, MB Pirmas Pasirinkimas
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About Pirmas Pasirinkimas, MB
Evaldas, a passionate sole trader at Pirmas Pasirinkimas MB, buys used cars from Europe (mainly Finland) and sells them in Lithuania. His business thrives on his love for cars and knack for sales.
Challenges
Summary: Money transfer delays
When Evaldas started his business, the primary challenge was delays with money transfers. Using a traditional bank, Swedbank, the money would take a day or two to reach the recipient. This was problematic in a competitive market where speedy payments are crucial. Evaldas needed a faster way to transfer money to secure his car purchases promptly.
Solution
Evaldas was already familiar with TransferGo from his time living in Australia, where he would send money back home to Lithuania. His positive experience with personal money transfers meant that he trusted TransferGo to also provide fast and reliable transfers for his business.
Results
For Evaldas, speed is paramount. TransferGo allows him to transfer money in around 30 minutes, ensuring that sellers can trust his intention to buy and reserve cars. This speed has given Evaldas a competitive edge, enabling him to secure deals quickly and confidently and helping him to win future business and boost his revenue and profits.
Using TransferGo, Evaldas can surpass his competition by reducing the time it takes for his sellers to receive their money. This quick transfer capability also boosts his confidence in negotiations, knowing he can back up his offers with fast payments. Elvadas can now agree on a price and transfer the money immediately without needing to withdraw cash from an ATM, facilitating a smooth transaction process and allowing him to transport the cars back to Lithuania promptly.
TransferGo’s efficient service fits his business needs perfectly, and Evaldas is confident that TransferGo will continue to meet his requirements even if his company grows several times in size or revenue.
Evaldas wholeheartedly recommends TransferGo to other businesses. He finds the service reliable, simple and efficient. Both the sender and recipient receive real-time notifications about the payment status, which enhances transparency and fosters trust. TransferGo has consistently met his expectations, proving to be an invaluable asset to his business operations.
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