Airwallex vs. Flywire

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Airwallex
Score 8.0 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 9.1 out of 10
N/A
The Flywire global payment network enables secure transactions for businesses, organizations, and payers worldwide. The solution leverages vertical-specific software and payments technology to embed within existing A/R workflows for clients across industries.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
Best Alternatives
AirwallexFlywire
Small Businesses
Checkout.com
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Score 8.6 out of 10
Apple Pay
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Score 8.7 out of 10
Medium-sized Companies
Checkout.com
Checkout.com
Score 8.6 out of 10
Apple Pay
Apple Pay
Score 8.7 out of 10
Enterprises
Checkout.com
Checkout.com
Score 8.6 out of 10
Adyen
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Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AirwallexFlywire
Likelihood to Recommend
10.0
(3 ratings)
8.0
(5 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
  • Online payment capture is huge! And it's secured.
  • Contracts get signed extremely fast using Sertifi.
  • You receive an email notification once the customer signs, to know the transaction is complete.
  • You also receive a notification when the customer 'views' the agreement.
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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
  • Still needs improvement in setting permissions for who in the organization can see full credit card numbers.
  • Could use additional backup material for disputes with credit card companies.
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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
PandaDoc, DocuSign. Honestly they all seem to work for what we were looking for, but Sertifi was a good price and an easy implementation, our use case was probably too basic to really find holes in any of the products in the space because they all seemed to be able to handle the basics that we needed.
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Return on Investment
Airwallex
  • Saved money on bank fees
  • Saved money on FX transfers
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Flywire
  • Great feedback from end clients - prior to Sertifi, we were manually creating PDFs and documents as well as mailing them for signature. This new process has increased our return time incredibly!
  • Prior to Salesforce, potential recipients were sending emails in as requests that were being tracked in an Excel spreadsheet. Now we have the process automated where they can submit everything online, a document get auto-generated and auto-sent out 10 days later. We've saved SO much time because of this newfound efficiency!
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ScreenShots