Volopay review (2026): Features, fees & alternatives

Key Takeaways:

• Volopay is a spend management platform that offers multi-currency business accounts, corporate cards, expense tracking, and accounts payable tools. Singapore businesses can hold and send funds in up to 11 currencies with a Volopay account.¹

• Volopay does not publicly disclose its subscription pricing or standard FX margins. Businesses need to contact its sales team for detailed pricing and custom quotes.²

• Airwallex offers a broader set of financial tools for Singapore businesses, including local account details in 20+ currencies, international transfers to 200+ countries, and built-in payment acceptance.

This Volopay review covers what the platform offers Singapore businesses, how its pricing works, and how it compares to Airwallex as an alternative.

Volopay is a spend management platform designed to help businesses manage company expenses, vendor payments, and employee reimbursements. It combines multi-currency accounts, corporate cards, and expense tracking tools in one dashboard.

In this article, we walk through Volopay's key features, what its pricing page discloses, and how Airwallex compares for businesses that need broader financial infrastructure across multiple markets.

What is Volopay?

Volopay is a spend management platform that combines corporate cards, multi-currency business accounts, expense management, accounts payable automation, and accounting integrations in one dashboard.¹

Its website describes the platform as a financial stack designed to replace the need to switch between multiple bank accounts and tools.¹

Volopay's cross-border payment services in Singapore are facilitated by Wallex Technologies Pte. Ltd., a licensed Major Payment Institution under the Payment Services Act 2019.¹

Information in this section is based on Volopay’s official website as of 22 July 2026.

Is Volopay's business account suitable for your business?

Volopay is designed for businesses that need to manage company spend, automate accounts payable, and track employee expenses from a single platform.¹

The platform supports international transfers to 180+ countries and holds funds in up to 11 currencies.¹ Its website does not mention a payment gateway for collecting customer payments, and its pricing is not published publicly; businesses need to engage Volopay's sales team to get a quote.²

Information in this section is based on Volopay’s official website as of 22 July 2026.

What are the key features of Volopay's business account?

Volopay's platform combines multi-currency accounts, corporate cards, expense management, accounts payable automation, and accounting integrations. Here is what its website describes for each:

Multi-currency accounts

Volopay's business account supports up to 11 currencies and facilitates international transfers to 180+ countries via SWIFT and non-SWIFT payment routes.¹ Local transfers within Singapore are processed via domestic payment rails.⁴

Corporate cards

Volopay issues Visa-powered corporate cards secured with 3DS authentication.³ Businesses can issue unlimited virtual cards and physical cards for employees, with custom spending limits, merchant restrictions, and multi-level approval workflows configurable per card.³

FX and international transfers

Volopay supports cross-border payments to 180+ countries.⁴ Its website states that businesses can review fees and exchange rates before confirming each payment.⁴ Specific fee amounts and FX rates are not published on its website — these are provided on request.²

Accounts payable automation

Volopay's accounts payable tools cover invoice management, vendor payments, bulk payments, and payment scheduling.⁵ Businesses can set up to five levels of approvers for invoice payments within the platform.¹

Real-time expense tracking

Volopay's expense tracking tools give visibility over company spend across cards, reimbursements, and accounts payable from a single dashboard.⁶ Employees can submit expense claims and attach receipts in real time via the mobile app.⁶

Accounting integrations

Volopay integrates with Xero, QuickBooks, NetSuite, Zoho Books, Deskera, and MYOB.¹ Transactions can be automatically categorised and synced to the connected accounting system.¹

Information in this section is based on Volopay’s official website as of 22 July 2026.

Volopay pricing & fees

Volopay's website does not publish its pricing, fees, or foreign exchange rates.

Its pricing page lists two plans (Premium cards and Accounts payable automation) but shows no figures for either. To get a quote, businesses need to contact Volopay's sales team directly.²

The only fee-related information on Volopay's pricing page is that it advertises a $0 domestic transfer fee for its Accounts Payable Automation offering. The website does not publish subscription pricing, a full fee schedule, or standard foreign exchange margins.²

Information in this section is based on Volopay’s official website as of 22 July 2026.

How to open a Volopay business account

Opening a Volopay account starts with booking a demo. Here is what Volopay's website describes:

• Visit Volopay's website and fill out the contact form to connect with their sales team and book a demo.

• Provide KYB documentation, including your ACRA business registration certificate, a government-issued ID, and proof of address for your company's designated point of contact.

• Volopay reviews and verifies your documents and company details. At least one director and authorised signatory may be required to complete the necessary paperwork.

• Once your application is approved, you will be invited to an onboarding session with Volopay's team.

• After onboarding is complete, you can begin using your account.

Volopay's website does not disclose eligibility requirements or expected approval timelines.²

Information in this section is based on Volopay’s official website as of 22 July 2026.

Why Singapore businesses consider Airwallex as an alternative

Volopay works well if your primary need is managing company spend: tracking employee expenses, automating vendor payments, and controlling card usage from one dashboard.

But as your business grows, you may also need to collect payments from customers, or hold funds in more currencies. That's where Airwallex comes in.

Here's what you get with Airwallex:

• More flexibility for multi-currency businesses. Airwallex Global Accounts let you hold funds in 20+ currencies, compared with up to 11 currencies on Volopay's business account.¹

• Broader international payment coverage. Airwallex supports transfers to 200+ countries, as compared to Volopay’s 180+.

• Built-in payment collection. Airwallex includes a payment gateway that lets you accept payments from customers in 180+ countries using 160+ local payment methods. Volopay's website does not mention an equivalent payment acceptance tool.²

• Transparent pricing from S$0/month. Airwallex publishes its pricing online across four plans, with no account opening fees and no minimum balance requirements. Volopay does not publish its fees or plan costs: pricing is available on request only.²

Information in this section is based on Volopay’s official website as of 22 July 2026.

Frequently asked questions (FAQs)

Is Volopay safe to use in Singapore?

Volopay's website states that its platform uses multi-factor authentication, 3DS card authentication, and advanced encryption to protect transactions and account data.³ Cross-border payment services in Singapore are facilitated by Wallex Technologies Pte. Ltd., a licensed Major Payment Institution regulated by the Monetary Authority of Singapore under the Payment Services Act 2019.¹

Does Volopay publish its pricing?

No. Volopay's pricing page lists features for its two plans but does not show any fee amounts, FX rates, or monthly subscription costs.² To get a quote, businesses need to contact Volopay's sales team directly.²

How many currencies does Volopay support?

Volopay's business account supports up to 11 currencies and facilitates international transfers to 180+ countries via SWIFT and non-SWIFT payment routes.¹

Who is eligible to open a Volopay business account in Singapore?

Volopay's website states that businesses need to provide KYB documentation including an ACRA business registration certificate, a government-issued ID, and proof of address for the company's designated point of contact.¹ Its website does not publish a full list of eligibility requirements.²

What accounting software does Volopay integrate with?

Volopay integrates with Xero, QuickBooks, NetSuite, Zoho Books, Deskera, and MYOB.¹ Transactions can be automatically categorised and synced to the connected accounting system.¹

What is a good alternative to Volopay for Singapore businesses?

Airwallex is a good option. It offers multi-currency accounts in 20+ currencies, international transfers to 200+ countries, built-in payment acceptance tools, and expense management, with pricing starting from S$0/month.

Sources:

1. https://www.volopay.com/sg/global-business-account/

2. https://www.volopay.com/sg/pricing/

3. https://www.volopay.com/sg/corporate-cards/

4. https://www.volopay.com/sg/business-money-transfer/

5. https://www.volopay.com/sg/vendor-payouts/

6. https://www.volopay.com/sg/real-time-visibility/