How to reduce international transfer fees: two businesses that made the switch

Reducing international transfer fees is one of the most immediate ways a growing business can improve its margins, and for most, it starts with leaving the bank.

Take these two: one makes natural cosmetics from nature-driven ingredients, the other runs finances at one of Europe’s fastest-growing gaming marketplaces.

Lena Sokolovska founded Uoga Uoga on the belief that the best ingredients come from nature. Šarūnas Dubaukas, Chief Financial Officer at Eneba, manages payments across dozens of countries around the clock at a serious scale.

On the surface, they share nothing. Dig deeper, and they’d both been dealing with the same problem, international payments that were expensive, inflexible, and built for someone else’s business model, not theirs.

How a natural beauty brand saved money by switching from traditional banks

Uoga means berry in Lithuanian and Uoga Uoga definitely has the juice. It’s handcrafted, natural, and increasingly popular far beyond Lithuania’s borders.

Expanding internationally meant dealing with international bank fees. And for a business built on transparency and real ingredients, the hidden costs of cross-border transfers didn’t sit right.

“Fast international transfers and minimal fees — that’s what we discovered with TransferGo Business,” Lena said. “We were pleasantly surprised when we compared how much we could save on commissions by choosing TransferGo Business over traditional banks.”

From the world of handcrafted botanicals, let’s take a sharp left turn into a different kind of marketplace.

Building a trusted global payment partnership for a gaming marketplace

International payment solutions for a global gaming marketplace need to handle high transaction volumes across multiple countries, with speed, transparency, and total reliability.

Eneba isn’t a niche operation. It’s a global gaming marketplace, handling payments across multiple countries, with sellers, suppliers, and a platform that never switches off.

For Chief Financial Officer Šarūnas Dubaukas, finding a payment provider that genuinely understood what that means in practice took some searching. When they found TransferGo Business, the conversation changed.

“We manage international payments in multiple markets and needed a financial service provider that understands business needs,” Šarūnas said. “We’re happy to have TransferGo as a trusted business partner.”

You don’t call a payment partner trusted because they’ve been fine so far. You call them trusted because they haven’t let you down when it counted.

Because in the boss fights of scaling a business, you need a Player 2 who understands the controls.

Whatever your business does, there’s a smarter way to pay internationally

One company that smells of berries. One company that runs on code. The same frustration with traditional banking. The same fix.

Whatever your business looks like, TransferGo Business was built to fit it.

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