Case Study

How Holika Holika Saved 200% of Work Hours Per Month for International Transfers

With Jack's Corporate Card (Virtual), all divisions now have access to their own virtual credit cards. This convenience has increased the productivity of each division significantly by up to 100% as they no longer rely on manager's credit cards.

Outcomes Experienced by Holika Holika After Utilizing Jack

200%

Saved in working time per month

100%

Increased in productivity per division per month

Logo Holika Holika

Industry

Beauty Product (Skin Care)

Product Used

International Transfer

Corporate Card (Virtual)

Favorite Features

Competitive foreign exchange rates

Faster international transfers than conventional banks

Issue unlimited of physical and virtual credit cards

No hidden transaction fees

Providing virtual credit cards to all divisions

Edison Sarmin Holika Holika

"Jack has helped us streamline our working hours for international transfers, allowing us to complete them within hours, and at a highly competitive rate."

Edison Sarmin - Account Manager, PT Kors Beautipedia Permata

Background

PT Kors Beautipedia Permata is an Indonesian company that distributes Holika Holika cosmetics from South Korea. Holika Holika is widely recognized for its quality skincare and makeup products in adorable yet practical packaging. Since 2013, PT Kors Beautipedia Permata has been offering Holika Holika products to the Indonesian beauty market, under the tagline "Your Magic Inside," encouraging people to reveal and express their hidden charm.

Initially, Holika Holika relied on conventional banking services for their international transfers. However, the fluctuating exchange rates offered by conventional banks caused inconvenience when conducting transactions with principal in South Korea. This unpleasant experience led Holika Holika to switch to Jack, as it offered competitive exchange rates that addressed their needs effectively and streamlined the entire transfer process.

Holika Holika can send money abroad more quickly, eliminating the frustrating delays. Jack offers faster money transfer services compared to conventional banks.

Holika Holika Team

How Jack Helps Holika Holika

Face-to-Face Transactions to Fully Online Experience

Previously, Holika Holika had to visit a conventional bank several times a month for international transfers, spending up to 3 hours due to manual processes involved. With Jack's International Transfer feature, the company has saved up to 200% of working hours per month by eliminating the need for in-person transactions and streamlined the entire transfer process.

Waiting for Days to Instantly Transfer Money Abroad

Sending money to South Korea through conventional banks can take up to 5 business days. With Jack, now Holika Holika can send money abroad more quickly, eliminating the frustrating delays. Jack offers faster money transfer services to over 60 countries with 20 different currencies compared to conventional banks.

Hindered Credit Card Transactions to Smooth Payment with Global Payment Support

Relying on other services virtual credit cards that have not yet partnered with Mastercard, Holika Holika frequently encountered transaction failures when shopping online due to their incompatibility. With Jack's Corporate Card (Virtual), Holika Holika can easily transact with thousands of merchants, including e-commerce platforms, without the fear of transaction failures.

One Card for All to One Card for Each Division

Managers at Holika Holika were burdened with time-consuming non-priority tasks as they had limited access to credit cards. However, with Jack's Corporate Card (Virtual), all divisions now have access to their own virtual credit cards. This convenience has increased the productivity of each division significantly by up to 100% as they no longer rely on manager's credit cards.

Seamless International Business Payments

Send money from one dashboard to more than 60 countries in a few clicks