New at Airwallex: November Edition

Airwallex has introduced a range of updates aimed at improving cash flow management, global payments, spend visibility, and platform onboarding. New Zealand businesses can now access Airwallex Yield to earn target returns on USD and AUD balances while retaining flexibility to move funds, while customers in supported regions can schedule foreign exchange conversions up to 365 days ahead with an upfront prepayment. Spend management additions include a new Spend Overview dashboard, the ability to pay vendor bills with company cards and automatically reconcile matching transactions, and instant verification alerts for potentially fraudulent card activity. Payment enhancements include biometric Payment Passkeys for faster, lower-friction card authentication in several Asia-Pacific markets and a Multi-Currency Pricing API that lets merchants present prices and accept payments in shoppers’ preferred currencies. For platforms, the expanded Connected Account Console provides visibility into connected merchants’ payments activation, including KYB progress, payment method statuses, reserve plans, and requests for information.

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