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Airwallex Reviews & Product Details - Page 2

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
4,063 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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Overview Provided by:

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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0 people requested security information

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.
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Have you used Airwallex before?
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34 Airwallex Reviews

4.5 out of 5
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34 Airwallex Reviews
4.5 out of 5
34 Airwallex Reviews
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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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.

Verified User in Information Technology and Services
AI
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?

What I like best about Airwallex is how the expense claim module simplifies managing business expenses. It streamlines the process by allowing easy tracking, approval, and reimbursement of claims, all in one platform, making it much more efficient for both finance teams and employees. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

One downside of Airwallex is that the expense module doesn’t allow for custom categorization of expenses. It would be more useful if we could create and manage custom categories to better align with our specific accounting or reporting needs. Review collected by and hosted on G2.com.

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

Airwallex solves the problem of managing global expenses efficiently by offering virtual cards that can be issued to staff anywhere in the world. This makes it easy to control spending, as we can set individual limits for each card, ensuring better budget management and oversight across teams. It’s a great solution for businesses with international operations. Review collected by and hosted on G2.com.

Ben W.
BW
VP Finance
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?

Airwallex has completely transformed the way we handle cross-border payments. As a business operating globally, we needed a reliable and efficient solution, and Airwallex has consistently delivered.

One of the biggest advantages for us has been the cost savings. The transfer fees are significantly lower compared to what we were paying before, and that's made a huge difference to our bottom line. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Limited use for the Airwallex App - no in-app approvals and only realy used for 2FA. Review collected by and hosted on G2.com.

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

Simplying cross-border payments

Reducing international transfer fee costs

Competitive FX rates

Strong accounting integrations Review collected by and hosted on G2.com.

Jonathan S.
JS
Senior Finance 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?

The ability to collect different currencies from our customers. Quick and easy to convert and transfer funds between our bank accounts/companies immediately when needed. Seemless integration with our accounting software (Netsuite and Xero) and the great behind the scenes support from the team. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

At this point in time, not all the features available in Australia/US are available in Europe Review collected by and hosted on G2.com.

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

FX - We have been able to collect fees from our customers in their native currency and can choose to convert at a time/rate that is more favourable to us instantly Review collected by and hosted on G2.com.

Verified User in Accounting
EA
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?

Making frequent payments to vendors in another country is very easy with Airwallex, and we get a more favorable exchange rate than many other platforms. We use the platform multiple times per week and have not had many issues. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

The setup process was a little longer than I anticipated because getting approved for an account took longer than expected. It also took a while for another owner to get access. I like the fact that there is an app for iPhone, but the app does not have the ability to make transfers, which is exclusively the reason we use the platform. Review collected by and hosted on G2.com.

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

We needed to pay vendors in Mexico, and other platforms had much less favorable exchange rates. The setup seemed very secure, and Airwallex provides a good platform for making these vendor payments. Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Mid-Market(51-1000 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?

- Available in many geographies including NZ

- Easy to create, cancel, manage and freeze cards

- Integration with Xero seamless

- Easy for team to upload receipts

- Great customer support

- Looking into its expense reimbursement and bill payments feature Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

- Nothing really! Would be great to be able to set expense claim / card approvals matrix separately Review collected by and hosted on G2.com.

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

- Easy to set up cards for global team

- Makes travel / office admin easier for them

- Love the team cards feature so can create a virtual card for a team to manage

- Ease of receipt upload and Xero integration for tax and audit purposes Review collected by and hosted on G2.com.

AK
Founder
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?

All of my transactions go through without issues. Cross border payments are very simple. Additional Perks and useful integrations. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

I wish there was dedicated phone support. However, any issues have always been resolved promptly through email. Just personal preference. Review collected by and hosted on G2.com.

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

Being able to have multiple virtual cards for various expenses and having multiple users that can receive cards. This benefits my business by making it simple to work with a team and delegate responsibility and also track all purchases easily. Review collected by and hosted on G2.com.

Sunny C.
SC
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?

Responsive support. Easy to use UI. Fairly thorough KYC processes and payment integration. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

Limited currency. Exchange rates can be more competitive for cross border transfers. Review collected by and hosted on G2.com.

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

Cross border payments and expense management. Review collected by and hosted on G2.com.

Verified User in Printing
UP
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?

I like that the company was robust in security matters when I set up the account, and I like the simplicity of making and receiving payments. It's opened up my company to domestic payments internationally, and actually does what it says on the tin. Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

I'd be more comfortable with staff being a little less "pushy". By way os example, I raised a question about an administrative matter, and got my reply, which was fine. I then receievd countless "follow-up" messages that were intrusive not helpful. But that's my only real concern. Review collected by and hosted on G2.com.

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

Airwallex allows me to make and receive payments internationally without the huge fees that other platforms charge. Review collected by and hosted on G2.com.

Verified User in Chemicals
EC
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?

1. FX rates will save the company money

2. integration with Xero and great (plus improving functionality)

3. Very responsive team that are always on hand to help

4. Speed to open a new account in almost any juristiction Review collected by and hosted on G2.com.

What do you dislike about Airwallex?

There are a couple of area that need product development, but most are on the roadmap. Review collected by and hosted on G2.com.

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

The integration with Approval max allows for seamless payment processing that has been through an approval process and is auditable. I love this.

My FX fees are much lower.

The app works beautifully Review collected by and hosted on G2.com.