Overview:
Our client, a UAE-based artisanal gold trader, faced significant challenges with delayed payments impacting their liquidity and business efficiency. The company sought a solution to accelerate payment processing and improve cash flow management.

Challenge:
The client's previous financial institution resulted in lengthy payment processing times of T+5. These delays hindered the company's supply chain, limited cash flow, and slowed down operations.

Solution:
Hubpay provided a tailored solution to expedite payment processing and enhance the client's liquidity cycle. Key aspects included:

• Faster Payment Processing: Payment delivery time was reduced to T+1.

• In-Country Banking Relationships: Utilized direct inter-bank ledger movements for efficient fund delivery.

Conclusion:
By leveraging Hubpay's efficient cross-border payment system, the client significantly reduced payment times, increased liquidity and cash flow, and accelerated product turnover. This case study highlights Hubpay's capability to support the growth of precious metal businesses in emerging markets through reliable and faster financial services.