![Airwallex logo](https://zoftware-logo.s3.ap-south-1.amazonaws.com/Airwallex%20Logo-1667737198124.png)
Airwallex
by Airwallex
by Airwallex
Profile Information Last updated on: 1 July 2024
Profile Information Last updated on: 1 July 2024
We help make selecting a software for your business effortless, economical and efficient.
by Airwallex
by Airwallex
Profile Information Last updated on: 1 July 2024
Profile Information Last updated on: 1 July 2024
Airwallex is a global financial platform originating from Melbourne, Australia in 2015. It offers tailored financial services for businesses worldwide, simplifying cross-border transactions and financial management. The software's core aim is to revolutionize how businesses handle global finances, providing a sturdy infrastructure supporting various operations. Key features include multi-currency business accounts with local bank details in different countries, facilitating cost-effective payments and receipt of funds. Airwallex also enables swift international transfers at competitive rates, spanning over 130 countries and 50 currencies. It streamlines expense management by consolidating corporate card expenses and integrations with accounting software. Additionally, Airwallex offers embedded finance solutions to seamlessly integrate financial services into business platforms, enhancing customer experience and generating revenue. Its powerful APIs enable smooth integration with various platforms, including e-commerce sites. The platform also provides multi-currency corporate cards for global use without foreign transaction fees. Prioritizing security and compliance, Airwallex adheres to international standards and regulatory requirements. Overall, Airwallex software aims to simplify global financial operations, empowering businesses to focus on growth without traditional barriers.
Airwallex stands out among its competitors, offering a comprehensive suite of global financial services tailored for businesses engaged in international operations. It provides multi-currency accounts, international money transfers, and embedded finance solutions across 130+ countries and 50+ currencies, facilitating seamless global transactions. With competitive pricing using interbank exchange rates and transparent fee structures, Airwallex minimizes the cost of international transactions. Security is paramount, with adherence to PCI DSS, SOC1, and SOC2 standards, ensuring robust protection for financial transactions. Integration with popular business software streamlines operations, while innovative technology and APIs enable customization and automation. Particularly advantageous for e-commerce businesses, Airwallex supports direct payment collection and offers efficient customer support despite some reported challenges. Its online-focused model eliminates the need for physical branches, enhancing efficiency and reducing overhead costs. Regulatory compliance across various jurisdictions adds further assurance for businesses. Recognized as a top fintech company with substantial funding, Airwallex enjoys trust and credibility from both investors and customers. In summary, Airwallex's combination of competitive rates, comprehensive services, security measures, and integration capabilities positions it strongly in the global financial services market, especially for businesses involved in international trade and e-commerce.
Seller
Airwallex
Invoice Payment
Multiple Currency Processing
Saved Cards
Website Payments
Xero Integration
Virtual and Physical Payment Cards
Online Account Application
Track and Control Expenses
Screenshot (1826).webp
Screenshot (1825).webp
How is Airwallex in terms of value for money?
for my 10000 people companyHow is Airwallex in terms of ease of use?
for my 10000 people companyWhere in GCC does Airwallex have offices?
Airwallex serves a diverse range of customers globally, including well-known brands and businesses. However, specific details about their customers in the Middle East are not readily available in the public domain. The company generally caters to businesses that require efficient and cost-effective international payment solutions, multi-currency accounts, and expense management tools. For precise information about their customer base in the Middle East, it would be best to contact Airwallex directly or refer to their case studies and customer testimonials, if available.
Who are Airwallex customers in the Middle East?
What is Airwallex’s local address?
Is the Airwallex platform available in Arabic?
Airwallex supports a wide range of languages to cater to its global user base, but Arabic is not explicitly listed among the supported languages. The platform primarily supports languages such as English, Chinese (Simplified and Traditional), Japanese, Korean, French, German, Dutch, Spanish, Italian, Russian, Polish, Finnish, Danish, Norwegian, and Swedish. For businesses in the Middle East, this might mean that while the platform can be used, it may not be available in Arabic, potentially requiring users to operate in one of the other supported languages.
Does Airwallex platform use AI? And where?
The Airwallex platform uses AI in several areas to enhance its services and improve customer experience. Specifically, Airwallex has implemented generative AI to improve customer onboarding and Know Your Customer (KYC) processes. The AI tool uses large language models (LLMs) to speed up KYC assessments, reducing 'false positives' by 50% and increasing the number of customers that pass through the onboarding process without human intervention by 20%. This AI tool is attuned to the nuances and sensitivities of various languages and cultures, making it more effective in a globally distributed business environment.
What AI does Airwallex use? Chat GPT, etc.
Airwallex uses generative AI and large language models (LLMs) to enhance its KYC and onboarding processes. While the specific AI models are not explicitly named as ChatGPT, the description of using LLMs aligns with the capabilities of models like GPT-3 or similar advanced AI technologies. These models help Airwallex's systems to be more context-aware and accurate in identifying high-risk keywords and distinguishing between legitimate and prohibited activities.
Is Airwallex a Web 3 company?
Airwallex is not primarily a Web 3 company. It is a global financial technology platform that focuses on providing solutions for payments, treasury, and financial operations for businesses. While Airwallex leverages advanced technologies like AI and machine learning, its core services are centered around traditional financial operations rather than decentralized Web 3 technologies.
Are there any Web 3 components?
Airwallex itself does not primarily operate as a Web 3 company, but it does engage with Web 3 companies and supports their financial operations. For example, Airwallex has partnered with Web 3 gaming companies like World of Neopets to streamline their financial operations and support their global expansion. This includes providing multi-currency accounts, borderless cards, and efficient payment solutions that help these companies manage their finances more effectively in the Web 3 space. However, Airwallex's core infrastructure and services are based on traditional financial technologies rather than decentralized Web 3 components.
By Airwallex