Name: Airwallex - Your Passport to Global Business
Uploaded: 2019-08-28T05:33:18.000Z
Duration: 1 min 18 s
Description: Airwallex offers a suite of customisable foreign exchange and payment products to support global business.

Call Center Workforce Optimization

Help Desk

Web and Video Conferencing

Customer Support

Mobile App Development

Development

Business Intelligence (BI)

Collaboration

Data Discovery and Visualization

Document Management

Dropshipping

Integrated Workplace Management (IWMS)

Enterprise

Accounting

Payment Gateway

Spend Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Course Authoring

Employee Monitoring

Employee Performance Management

HR Management

Payroll

Professional Employer Organizations (PEO)

Recruitment Agency

Recruitment Automation

Succession Planning

Talent Intelligence

Talent Management

Video Interview

Workforce Analytics

Workforce Management

eLearning Content

Human Resources

C/C++ Integrated Development Environments

Cloud Storage

Compliance Consulting

Configuration Management Databases

Data Quality

Distributed Denial of Service (DDoS) Protection

Fraud Detection

IT Alert Management

In-Memory Databases

Infrastructure-as-Code (IaC)

Integration Platform as a Service (iPaaS)

Network Performance Monitoring

Remote Monitoring and Management

Tower Servers

Virtual Private Network (VPN)

Zero Trust Security Solutions

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Competitive Intelligence

Consumer Ratings & Reviews

Content Management

Email Marketing

Email Testing

Market Intelligence

Marketing Automation

Presentation

Social Media Advertising

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Field Sales Software

Multichannel Retail

Sales

Antivirus

Certificate Lifecycle Management

Secure Access Service Edge (SASE)

User and Entity Behavior Analytics (UEBA)

Security

Car Rental

Home Health Care

Insurance Agency Management

Legal Research

Library Management

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Stripe Payments

Stripe

Wise

Wise (formerly TransferWise)

Payoneer

Adyen

Brex

Weel

Checkout.com

Visa Acceptance Solutions (CyberSource)

Visa

ACI Payments Orchestration Platform

ACI Worldwide

Coupa Pay

Coupa Software

CORE Merchant Services

CORE Business Technologies

IXOPAY

IXOLIT Group

Juspay

Global Payments Integrated

Global Payments

ProcessOut

Spreedly

Xero

Adobe Commerce

WooCommerce

Visa Secure with EMV 3-D Secure

Shopify

Alipay

Airwallex has garnered positive feedback from users for its ability to handle multiple currency transactions and facilitate global payments with low fees and high security. Users appreciate the simplicity of Airwallex's setup, making it easy to use for managing international payments without the need for extensive banking knowledge. However, some users mention that this simplicity comes at the cost of detailed control, similar to a traditional bank website. 

Customers have found great value in using Airwallex to eliminate foreign transaction fees for international currency payments and expenses. It is considered a cost-effective option for those who are willing to wait for funds to be transferred. Airwallex is widely used for both inbound and outbound international payments, serving as a reliable tool for businesses operating on a global scale.

One key feature that users appreciate about Airwallex is its ease of sending and receiving money, whether it be domestic or international transactions. The functionality of debit cards is particularly beneficial for staffing needs and accounting purposes. Organizations also utilize Airwallex to collect payments from customers in various currencies and pay suppliers using virtual cards. It simplifies the management of multi-currency bank accounts and allows for setting up employees with credit cards for business expenses.

Another advantage of Airwallex is its seamless integration capabilities and APIs, which streamline global financial operations and enable easy payment reconciliations. Users find the product easy to set up within minutes, meaning hassle-free fund transfers across the globe without transaction fees.

Furthermore, Airwallex offers an excellent solution for global payroll by providing an easy way to pay multiple international accounts. The ability to integrate Airwallex easily and create virtual employees and cards instantly online is highly appreciated by users, resulting in savings on ad spend and subscriptions in foreign currencies.

Overall, Airwallex provides a reliable platform for managing multiple currency transactions, making global payments more accessible and cost-effective while ensuring high security standards.

Easy to use and setup: Reviewers found Airwallex to be user-friendly, with a simple installation process that made it easy to get started. Some users mentioned that the user roles provided were straightforward and easy to understand.

Excellent customer support: Many users praised the amazing support provided by Airwallex, emphasizing the quick and easy onboarding process. The helpfulness and responsiveness of the Airwallex team played a significant role in their positive experience.

Significant reduction in fees: Several reviewers highlighted the cost-saving benefits of using Airwallex. After switching from other payment platforms, they experienced a significant decrease in fees for the same services, which contributed to their overall satisfaction with Airwallex.

Lack of Control and Multiple Approval Roles: Some users have expressed frustration over the lack of control in setting up multiple approval roles for users, which limits their ability to customize the authorization process according to their specific needs.
Inconvenient OTP Feature for Batch Payments: Several reviewers have found the one-time password feature to be inconvenient as it needs to be applied for each payment. This becomes particularly challenging when processing batch payments, causing inefficiency and extra effort.
Instability with Bank Feed to Xero: Users have reported experiencing instability with the bank feed from Airwallex to Xero. This inconsistency can disrupt financial workflows and create difficulties in maintaining accurate records.

Integrated

Customized

Radar

Terminal

Sigma

Atlass

Issuing

Premium Support

Wise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.

Sending money

ATM Fees over 100 USD per month

Accounting Funding transactions

Getting the Wise Debit card

Converting money

Getting account details in 10 currencies

Receiving USD wire payments

Airwallex

Payment Orchestration

Airwallex Business Account 3 Minute Demo EMEA

Airwallex Hong Kong - 5-minute demo

Airwallex Singapore - 5-minute demo

Learn how Airwallex saves businesses time and money by offering real-time, reliable and cost effective financial solutions. 

Airwallex is a graduate of SAP.iO Foundry Singapore: The Perfect Transaction & COVID-19 Recovery (2020) Cohort. 

Watch their pitch again at the SAP.iO Foundry Singapore Fall 2020 Cohort Virtual Demo Day held on 16th December 2020. A collaboration between SAP.iO and SAP Concur, the 13-week startup program focuses on three areas of enterprise expense management services, mobile payment solutions, and promoting economic recovery in the post-epidemic era.

Learn more: https://www.airwallex.com/
Learn more about SAP.iO: http://sap.com/startups 

Continue the conversation by following us: 
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Medium: https://medium.com/sap-io

Airwallex | SAP.iO Singapore Foundry Fall 2020 Cohort Demo Day

What Introv empowers companies: Airwallex | NetSuite Demo Video

Airwallex 2 Minute Demo Introduction - Singapore

Airwallex Australia   5 minute demo

Likelihood to Recommend

Airwallex - Your Passport to Global Business

Airwallex offers a suite of customisable foreign exchange and payment products to support global business.

Atlassian Jira

Slack

Director

Airwallex 2022-02-17 16:33:20

Asana

IBM Process Mining

Senior Software Engineer

Airwallex 2022-04-02 18:11:10

Finance Manager

Airwallex 2021-09-23 20:19:47

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Credit card

Card payments

Credit card payments

Fine grained

Payment gateway

Easy to use

Roles and permissions

Helps streamline

Easy setup

Highly responsive

Credit cards

Fast setup

Seamless integration

Low cost

Bank accounts

Home

Payment Orchestration Platforms

We use Airwallex for our multi-currency bank accounts, collecting and paying in the different markets we deal in. We use it for setting up employees with different roles and setting them up with credit cards that employees can use to manage business expenses. We recently set up a new entity and set up all our business banking in Airwallex, linking to our Stripe gateway. It's so easy, fast, and lets you get on with the rest of your business without getting caught up in admin like with traditional banks.

Fast setup of bank accounts in different currencies.
User management with roles and permissions that enable employees to use it.
Fast easy setup of credit cards.
Transferring money across currencies at low cost.

Integrations of payment gateway with more platforms.

Multi-currency management of money.
User management for employees.
Visa debit cards.

Reduced overseas transaction fees.
Enabling the setup of bank accounts in different regions.
Reduced admin time.

Great product used by our organization to streamline global financial operations with the best in class APIs and seamless integration for easy payment reconciliations. Easy to use and get started in minutes and transfer funds across the globe without transaction fees and excellent global payroll solution to pay multiple international accounts hassle-free. Easy to integrate and easy to create virtual employees virtual cards instantly online and save on ads spend and SaaS subscription in foreign currency.

Seamless integration with other tools and applications.
Easy to use and get started started.
Transfer of funds across the globe.

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.

New market reach with foreign accounts.
Virtual cards saves time and money.
Seamless integrations.

No monthly fees for local and foreign accounts.
Save big on transaction fee too.
Save on SaaS subscription in foreign currency.

We use Airwallex for collecting payments from customers in other currencies such as USD, GBP and EUR. We then use the virtual cards to pay for suppliers from these accounts. We've recently just started collecting credit card payments from customers using their new payment links. We issue virtual cards for various departments and users across the company. This allows us to quickly create new cards, manage to spend and close new cards much easier than it is with a bank.

Cross border payments
Virtual Cards
Payments

Automated transaction failed emails
Recurring credit card payments
More fine grained credit card controls

Virtual cards
Cross border payments
Multi currency wallets

Saved money on bank fees
Saved money on FX transfers

Airwallex

Overview

What is Airwallex?