A collaboration between FinTech payments platform Airwallex and eCommerce behemoth Shopify has made it possible for online merchants to accept payments from customers all across the world.
UnionPay, Visa, Mastercard, and more than 30 regional payment choices from Asia-Pacific and Europe are among the payment gateway plugins that are accepted by the Airwallex Online Payments App, according to a press release.
Retailers may integrate regional payment methods such as GrabPay in Southeast Asia, WeChat Pay in APAC, Bancontact, and Sofort in Europe using the Airwallex Online Payments App on Shopify.
According to Ravi Adusumilli, SVP of Partnerships and General Manager, Americas at Airwallex, the company’s technology would aid online merchants in “creating a simple payment process.” This is just one method that Airwallex’s software may help eCommerce businesses accept payments from other countries.
“By using an Airwallex account, shops may gain secure access to a range of payment alternatives, both locally and abroad, in a simple, quick, and affordable way,” Adusumilli stated.
The release claims that settlements may be achieved in over seven main currencies, including the US dollar, saving on exchange rates and other costs. The ability to cash out via borderless cards or transfers is now available to businesses in addition to accepting payments into their Airwallex multi-currency wallets.
