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Airwallex Reviews & Product Details

IU
Co-CEO
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Airwallex?

Airwallex has been instrumental in streamlining our startup's financial operations. The platform's intuitive interface and robust features make managing international transactions seamless and cost-effective. The ability to hold multiple currencies and make quick conversions has significantly reduced our operational costs. Additionally, the integration with our existing systems was smooth, enhancing our overall efficiency. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Honestly, there’s not much to dislike. The platform meets all our needs effectively. Though, having credit cards and credit line would be great! Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

Airwallex has simplified our financial management by providing a seamless platform for handling international transactions, allowing us to manage multiple currencies effortlessly, reducing conversion costs and saving valuable time. This efficiency has been crucial for our startup's growth. Review collected by and hosted on G2.com.

Airwallex Overview

What is Airwallex?

Airwallex's cloud-native platform has been engineered to take the friction out of your global payments and financial operations. Whether you're a global business looking to save time and money as you scale, or a forward-thinking enterprise that's ready to build your own financial products, Airwallex's leading technology can support your growth. Unlike legacy banking, Airwallex gives you the speed, simplicity, and savings to seamlessly operate your business across borders. Collect, manage, and move multi-currency funds through our Business Accounts, accept payments from customers online through our Payments offering, and mange and track company expenses with our Spend suite of tools - all via one secure account that can be accessed via desktop or mobile. If you’re looking for a more customizable and programmatic solution to manage and move money, you can integrate directly with our Core API. And if you’re a platform or marketplace that’s looking to generate new lines of revenue by offering your own financial products, you can tap into our powerful Embedded Finance solutions.

Airwallex Details
Product Website
Languages Supported
English, Chinese (Simplified)
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Product Description

Airwallex offers international payments solution for businesses of all shapes and sizes.

How do you position yourself against your competitors?

Unlike traditional banking systems and modern fintechs, Airwallex's platform has been built for efficient global growth from day one. Our proprietary connections to local payment rails in over 100 countries and end-to-end financial solutions from collecting to managing to spending funds helps businesses of all sizes operate globally with less friction.


Seller Details
Seller
Airwallex
Company Website
Year Founded
2015
HQ Location
Hong Kong SAR
Twitter
@airwallex
4,052 Twitter followers
LinkedIn® Page
www.linkedin.com
1,529 employees on LinkedIn®
Description

Airwallex is a leading global payments and financial platform for modern businesses, offering trusted solutions to manage everything from business account, payments, treasury, and spend management to embedded finance. With our proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. Proudly founded in Melbourne, Airwallex supports over 100,000 businesses globally and is trusted by brands such as Brex, Canva, Rippling, Navan, Qantas, SHEIN and many more. For more information, visit http://www.airwallex.com


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Recent Airwallex Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Simple and works"
Just works. Security is good. Credit Card renewal is automatic.
Sunny C.
SC
Sunny C.Small-Business (50 or fewer emp.)
4.5 out of 5
"Expedient. Great User Experience. Compliant digital financial services."
Responsive support. Easy to use UI. Fairly thorough KYC processes and payment integration.
Araceli M.
AM
Araceli M.Small-Business (50 or fewer emp.)
4.5 out of 5
"Comprehensive Digital Banking Solution for Global Businesses"
What I like best about Airwallex is its seamless global banking experience. The platform offers easy online account management, local accounts in 1...
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Airwallex Media

Airwallex Demo - Global Accounts
Get paid in over 20 currencies with dedicated foreign currency accounts.
Airwallex Demo - Create debit cards
Create new expense cards for you and your team, instantly within the Airwallex platform
Airwallex Demo - Easy international transfers
Transfer funds in 40+ different currencies at market-beating FX rates.
Airwallex Demo - Multi-currency wallet
View your global currency standing at a glance from a single location. Keep track of your available funds via the multi-currency wallet.
Airwallex Demo - Core API
Integrate to the Airwallex API to programmatically scale global money movement.
Airwallex Demo - Embedded Finance
Build your own financial products on top of Airwallex's global infrastructure and monetize new lines of revenue.
Answer a few questions to help the Airwallex community
Have you used Airwallex before?
Yes

33 out of 34 Total Reviews for Airwallex

4.5 out of 5
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33 out of 34 Total Reviews for Airwallex
4.5 out of 5
33 out of 34 Total Reviews for Airwallex
4.5 out of 5

Airwallex Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for AirwallexQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Mate K.
MK
CEO
Information Technology and Services
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Airwallex?

I tried Airwallex to manage my business finances and expenses, and created multiple currency accounts to make transfers. I found the platform fast and easy to use, and I didn't experience any security issues when I was using the platform on a regular basis. I tried reporting, contacted customer service and got a virtual company card as well. I found it easy to create new cards (physical/virtual). I loved the Rewards features, providing discounts with various service providers, such as Canva or Zendesk. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

When compared with Wise Business, Airwallex doesn't offer cashback rewards or savings for business funding. Also, I would welcome new features related to lending & borrowing in the future, as small businesses always need access to funding. There was nothing that I disliked in particular.

The desktop platform is pretty robust but I haven't had a chance to experience the mobile app yet. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

As a small business owner, I use Wise Business for business banking but I also tried various other solutions such as Revolut Business and Tide. I tried Airwallex as a business banking solution for my small business. I've set up accounts in multiple currencies and use the sending/receiving payments functions. I requested a physical and virtual card, and made payments with the virtual company card (I haven't had a chance to try the virtual card). I also used the reporting functions, to sort billing items and expenses, to search for items and label expenses. Review collected by and hosted on G2.com.

Araceli M.
AM
Web designer
Internet
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Airwallex?

What I like best about Airwallex is its seamless global banking experience. The platform offers easy online account management, local accounts in 13 major markets for hassle-free international payments, competitive fees, and powerful integrated solutions like APIs and payment links. It truly simplifies global operations for businesses. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

What I like least about Airwallex is the mobile app. It's quite basic and lacks many options, which can be inconvenient for managing complex financial tasks on the go. Expanding the app’s functionality would greatly enhance the overall experience. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

Airwallex is a great option for receiving and making payments to clients around the world. It offers some of the lowest fees in the market, making it an attractive choice for global business transactions. Review collected by and hosted on G2.com.

Khushali S.
KS
Management Accountant
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Airwallex?

Airwallex offers a really good and effective exchnage rate for paying international suppliers and to tranfer money between entities stationed in various countries. It's pretty easy and simple with less clicks and few steps until the final page. I like the integration and the ease of use. Thier after sales service and cutomer support is bang on, this helps a lot and resolving issues quickly. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Reconciling Airwallex can be really difficult at time as it has various wallets and each wallet has it's own balance making it a liitle tricky when you are looking at it wholistically. It restricts connection to any othe software than Xero which is a big big downside and it then increases a loyt of manual import of data and checking. I understand that one needs to maintain privacy of the credit card the person holds but maybe they can get a new feature where assistants can take hold of everything going on the card. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

The main problem that Airwallex is solving is that I don't have to check online for a platform who is provinding me a better exchange rate and is reliable. Airwallex is backed by Westpac and has amazing exchanges rates. Review collected by and hosted on G2.com.

Jitka C.
JC
Finance Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Airwallex?

I really like how easy Airwallex makes handling international payments. The platform is super straightforward, and I love that we can manage multiple currencies without all the extra hassle. The rates are solid, and it’s nice to know exactly what fees we’re dealing with.

On top of that, the company cards are a game-changer. It’s really simple to issue them and set spending limits, and I love how we can tag and review expenses in real-time. Plus, it syncs perfectly with Xero, which makes tracking everything a breeze.

Also, the recent rollout of the Airwallex expense reimbursement feature has been so helpful for our team. It’s made managing and submitting reimbursements way easier and more efficient.

Overall, it just simplifies cross-border transactions and financial management so much. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Honestly, there isn’t much I dislike about Airwallex, but if I had to pick two things, it’s that Airwallex doesn’t have a per diem and mileage reimbursement feature yet. It would be great to have those features available to make things even more streamlined for the team. That said, I’ve heard they’re working on it, so I’m really looking forward to those being rolled out soon. Overall, though, it’s still a great platform, and I’m excited to see what’s coming next! Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

Airwallex is really solving a big problem for us when it comes to managing cross-border payments and expenses. It’s a huge time-saver because we can handle multiple currencies in one place without worrying about crazy conversion fees or long processing times. For our team, the ability to send and receive payments internationally without all the extra steps has made everything run a lot smoother. The company cards and expense management features have been a game-changer too. We can easily track and control spending in real-time, and the integration with Xero makes everything sync perfectly for accounting. Overall, it’s just simplified the way we manage finances, saved us time, and improved the transparency of our processes. Review collected by and hosted on G2.com.

MD
People & Culture Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Airwallex?

We’ve been using Airwallex for our employee expense claims, and it has truly transformed the way we handle expenses in our company. From the moment we began working with the Airwallex team, the process has been smooth and straightforward. Setting up, testing, and rolling out the tool was made incredibly easy thanks to their collaborative approach, providing clear guidance every step of the way.

Once we went live, the support we received was outstanding. The Airwallex team ensured we had access to all the resources we needed to address any concerns or optimise our use of the platform. They’ve been there for us from day one, providing assistance and timely responses whenever required.

The tool itself is extremely user-friendly, and our employees quickly adopted it with ease. It has significantly improved their experience, as they can now submit expense claims effortlessly, and the process of getting reimbursed is faster than ever. On the back end, Airwallex integrates seamlessly with our business, reducing the time spent on manual checking, auditing, and processing expenses.

Overall, Airwallex has enabled us to streamline our expense management, making it a more efficient and enjoyable process for both our employees and the business. We’ve seen tangible improvements in time savings and a smoother expense claim process, creating a much better experience across the board. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

No real dislikes, we've provided some feedback on areas we'd like to see for future. One being ability to access the app in Malaysia for our employees based there. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

Ability to manage expense management with manager oversight and reduced touch points previously needed by both the People & Culture and Finance departments. Review collected by and hosted on G2.com.

MH
Senior Financial Accountant
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Airwallex?

Airwallex is one of the most useful and simplistic platforms for card and expense management. From back end administrators to cardholers, is it simple, easy and highly customisable to suit your business needs. This process was easily integrated into our existing accounting system and expense management. Additionally, the implementation to cardholders only shows them the information that they need to see with administrators having full access to a variety of information for reporting. Customer support typically replies within one day but has an automatic search on their database for FAQ that specifically relate to your query, which is often answered already. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

The set up/KYC can be lengthy at times. Consolidated reporting continues to improve but has a little way to go. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

The receipt retention responsiblity is now fully shifted to the card user which has resulted in 99% of receipts being provided. Airwallex has automatic reminders built in for card users to provide receipts. Review collected by and hosted on G2.com.

Jean-Paul S.
JS
Head of Accounting
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Airwallex?

The biggest impact that Airwallex has on our business is around the global payments and transfers, helping to make it easy for not only us as a business but for our customers as well. It integrates well with our current tools and systems. Airwallex also covers a majority of our regions in which we operate. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Not necessarily an Airwallex issue, but within NetSuite, the tax codes that are overridden by NS, making this function around expense reporting a bit more tricky. As well as banking solutions not available in all our regions, yet* Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

The biggest problem Airwallex is helping to sovle is making it easier for our customer to pay, where ever they are and thus enabling our finance team to efficiently reconcile their payments. Review collected by and hosted on G2.com.

Matthew L.
ML
CEO
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Airwallex?

Airwallex customer support is shocking, they took and held up a $9965 USD deposit for over a month. It was a transfer from a Dubai Client and they stated it failed the risk assessment. It took 1 month to have it returned to my reputable client, then they closed my account which I had opened for over 3 years, to which still up and to including the time of me typing this review I have not received any of the money I had in the multi currency accounts. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Management and customer service, you will wait days for responses Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

They have stolen my funds and have stopped responding to me as they say I'm no longer a client, yet my money is good enough for them to keep... Review collected by and hosted on G2.com.

Yui K.
YK
Director
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Airwallex?

App UI, UX is well thought. Fee is reasonable compared with competitors

Easy to navigate the onboarding process. and the implementation were smooth.

Customer support was quick and responsive. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Airwallex will need to store your fund from my corporate bank to airwallex before making a transfer. This is different from Wise where all the transaction from bank to wise is require to match 1 on 1 with the place you are sending your money to.

If you use a regular bank, fund trasnfer from the corporate bank to recipient is 1 on 1 and transparent. This helps to track the transaction and it is similar with wise but for airwallex, the transaction of "bank to airwallex" is separated from "airwallex to recipient" which make it more difficult to track the transaction.

If you consider airwallex as a bank and record all the "airwallet to recipient" transaction for the book keeping purpose like you do with your bank, problem will be solved but Im still unsure if this is possible.

It will be a great tool if aiwallex can be an alternative of traditinal banking. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

international bank transfer is more expensive and takes longer. Review collected by and hosted on G2.com.

Yaoyee N.
YN
Co-Founder
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Airwallex?

I’ve been using Airwallex for my business’s international transactions, and it has been a game-changer. The biggest selling point for me is the competitive rates—compared to traditional banks, I’m saving a lot on every transaction. There are no hidden fees or surprise markups, which gives me confidence in the platform’s transparency.

What really sets Airwallex apart, though, is the speed of international transfers. I’ve had payments go through in just a few minutes, which is incredibly helpful when working with overseas suppliers or contractors. The fast turnaround time has helped improve my cash flow and made day-to-day operations a lot smoother. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

I do not experience much issue with Airwallex is a great product. Review collected by and hosted on G2.com.

What problems is Airwallex solving and how is that benefiting you?

Overall, Airwallex has become an essential tool for my business, offering a great balance of cost-effectiveness and efficiency. If you’re looking for a reliable solution for cross-border payments, I highly recommend giving it a try! Review collected by and hosted on G2.com.