Very happy with Airwallex
Use Cases and Deployment Scope
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.
Pros
- 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.
Cons
- Integrations of payment gateway with more platforms.
Most Important Features
- Multi-currency management of money.
- User management for employees.
- Visa debit cards.
Return on Investment
- Reduced overseas transaction fees.
- Enabling the setup of bank accounts in different regions.
- Reduced admin time.
Alternatives Considered
Payoneer
Other Software Used
Jira Software, Slack, Xero
