Airwallex vs. Flywire

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Airwallex
Score 8.7 out of 10
N/A
Established in Melbourne in 2015, Airwallex is a payments platform that aims to transform the way businesses move and manage money globally. They state their goal is to empower businesses of all sizes to grow without borders, and by doing so, contribute to the global economy. With technology at its core, Airwallex offers a global financial infrastructure to help businesses transact, collect and pay in any foreign currency across 130+ countries and 50+ currencies, without the constraints of the…N/A
Flywire
Score 8.8 out of 10
N/A
Flywire headquartered in Boston offers their secure global payment platform to keep money moving around the world. Flywire offers a custom payment solution and collections network, and is designed to streamline payments process from start to finish.N/A
Pricing
AirwallexFlywire
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AirwallexFlywire
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
AirwallexFlywire
Top Pros
Top Cons

No answers on this topic

Best Alternatives
AirwallexFlywire
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User Ratings
AirwallexFlywire
Likelihood to Recommend
10.0
(3 ratings)
8.0
(1 ratings)
User Testimonials
AirwallexFlywire
Likelihood to Recommend
Airwallex
Airwallex suits small to medium businesses that need to have transactions in multiple currencies. This can be as simple as a small business that pays for advertising with Facebook or paying for Saas platforms in USD.
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Flywire
Many of our international students studying at our institution are financially supported by their parents in their homeland. In other words, they rely on their families for payment of their class fees. So, Flywire makes international payments convenient by making payment by visiting our college website and finding the Flywire payment option. Some prefer this method over credit card payments or by wiring money to the student's bank account in the U.S., which creates a whole additional step in making payments.
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Pros
Airwallex
  • Cross border payments
  • Virtual Cards
  • Payments
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Flywire
  • It accepts a wire transfer from virtually all nations outside the U.S.
  • The customer service support is helpful.
  • Once payment information in our system is updated, it allows for payment for classes from overseas to run smoothly.
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Cons
Airwallex
  • Excellent payroll solution that enables one to pay multiple international accounts.
  • Helps reach new markets with foreign currency accounts.
  • It makes bookkeeping easy and sync capabilities.
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Flywire
  • Delay time could be shortened between the actual time of payment and the confirmation of payment.
  • It could allow for the payer to pay more than the outstanding balance without rejecting additional amounts of money.
  • Refund information by way of Flywire is a little vague.
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Alternatives Considered
Airwallex
Payoneer was more expensive for transfers and it was less featured than Airwallex.
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Flywire
Flywire is relatively simple to use with much quicker response time when it comes to customer support.
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Return on Investment
Airwallex
  • Saved money on bank fees
  • Saved money on FX transfers
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Flywire
  • Cannot think of any negative impact
  • A good number of students are using Flywire to pay for their classes, so it is growing in popularity
  • It reduces the amount of foot traffic at the cashier / payment office when it comes to issues involving payment of classes.
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