Blog
A guide to DuitNow and how it works (2025)
Need to send or receive money for your business? Learn all about how DuitNow works, how to use it, and how it compares to alternatives like Airwallex.
Rachel Tan
•10 minutes
How to avoid international transaction fees on business spend
Learn about international transaction fees and how to avoid costs on business expenses, card transactions, withdrawals, and more with foreign transactions.
Shermaine Tan
•8 minutes
What is a prepaid card? Differences from credit and debit cards
Prepaid cards spend from preloaded funds instead of a credit line or bank account, so they’re great for budgeting. But there are other perks and fees to know.
Shermaine Tan
•12 minutes
What are SWIFT and BIC Codes? How Do They Work?
Learn how SWIFT and BIC codes work in international banking, and explore efficient alternatives like Airwallex for faster and cost-effective global money transfers.
Shermaine Tan
•10 minutes
What is a merchant account? When and how to open one
Merchant accounts are separate business accounts that enable companies to accept card payments. See if you need one and review the requirements to get started.
Shermaine Tan
•4 minutes
What are open banking APIs and how do they work?
Find out how APIs work, and how they can benefit your business. Open banking APIs give your business secure and compliant access to customer banking data, which can provide valuable insights, automation, and streamlined financial processes, and more.
Shermaine Tan
•9 minutes
Bank reconciliation explained: What it is and how to do it
Learn the importance of bank reconciliation for businesses and discover a step-by-step guide, tools, and tips for accurate financial management.
Shermaine Tan
•8 minutes
Virtual cards: 10 benefits & disadvantages you may face
Are virtual cards right for your business? Learn how you can enable real-time tracking and streamline your expense management with virtual cards.
Shermaine Tan
•4 minutes
What is a virtual card? How do they work?
Explore our guide to virtual cards for businesses in Singapore. Learn what they are, how they work, and how to get them.
Shermaine Tan
•4 minutes
Payment links: How they work and how to use them
Simplify online payments with payment links. Learn its benefits and why businesses need Airwallex Payment Links for their payment needs.
Shermaine Tan
•10 minutes
How to find reliable chinese suppliers in China
Sourcing from China suppliers made easy: Maximize business growth with key insights on navigating payments, communication, and logistics.
Shermaine Tan
•5 mins
Wire transfers explained: What they are and how they work?
Learn about wire transfers: what they are, how they work, the benefits, speed, and costs. Find out how Airwallex supports secure and efficient global payments for your business.
Shermaine Tan
•12 minutes
What is a telegraphic transfer (TT) and how it works?
Discover how telegraphic transfers (TT) streamline global business transactions, how they work and the associated fees.
Shermaine Tan
•8 min