Stripe vs Airwallex: Choose Airwallex for the complete financial platform
Airwallex goes beyond payments – it runs your entire financial operation. Unlike Stripe, Airwallex combines global accounts, FX & transfers, corporate cards and more into one unified platform. For business owners and finance leaders, that means no FX leakage, no fragmented systems, and a platform built to scale.
Choose the platform built for seamless financial operations across borders. Start your Airwallex account in minutes today.
3 reasons why businesses choose Airwallex over Stripe
Keep more of what you earn
Avoid paying extra FX fees when you accept and make payments in multiple currencies. With Airwallex, you can hold and use funds in 14+ currencies, paying suppliers from those balances without incurring conversion fees. Stripe's limited payout currencies often force unnecessary conversions and separate local bank accounts.
More ways to get paid
Compared to Stripe’s 100+ payment methods, Airwallex offers 160+, including PayNow, GrabPay, major credit/debit cards as well as regional wallets like Alipay and WeChat Pay. This means lesser payment friction for your customers and higher conversion rates for your business.
One platform for every financial operation
Airwallex starts where Stripe stops at payments. Hold 20+ currencies without conversion. Stripe does not offer corporate cards in Singapore while Airwallex provides virtual and physical cards with AI-powered spend controls.
Empower your business with a unified financial platform
While Stripe forces you to put together separate providers for payments, transfers, cards, and expenses, Airwallex delivers a unified financial platform that scales with your business.
Hold, send, and receive payments like a local, without forced conversions. Serve customers and pay suppliers across a much wider global payout coverage. Manage your global treasury from one dashboard, not a fragmented tech stack.
Join Singapore businesses like Love, Bonito, EU Holidays, and Igloohome already using Airwallex as an important growth engine.
Compare Stripe and Airwallex features
Stop settling for a payment tool when Airwallex delivers more to fulfill your business needs and ambitions. Stripe ties you to higher fees, and limited options. With Airwallex, you can avoid unnecessary conversion fees, seamless cross-border payments and currency management.
Ready to choose a financial partner that’s built for your business growth? See how Airwallex offers more in many ways.
Save on transaction fees with Airwallex
Airwallex offers lower transaction fees.
What local businesses are saying about Airwallex
“When we set our sights beyond Singapore, we knew expansion wouldn’t be easy. Navigating new markets and managing finances across different countries was overwhelming. But I quickly realised that growth is about having the right people and the right tools to support you at every step – and that's how Airwallex came to the rescue.”
Rachel Lim
Co-founder, Love, Bonito
“Airwallex’s global network made sending and receiving international payments easy. We avoid cross-border fees by paying overseas suppliers in their local currency. Sometimes, transfers are even done within the day.”
Alan Ang
Director and Co-founder, EU Holidays
“We’ve used Airwallex as our financial platform for more than 2 years, and every transaction we have made has always been successful. Like Igloohome, Airwallex is solving real problems and we're glad we found a financial partner in them."
Anthony Chow
CEO and Founder of Igloohome
“When we spend S$100, our balance reflects S$99 — thanks to the cashback from the Airwallex Corporate Card. This records our expenses as a positive gain, helping us stretch our budget further. In just two years, we've saved over S$30,000 with Airwallex.”
Dominic Ong
CFO, Endowus
“Airwallex is a great partner to help you get to new markets. Their platform makes global payments so much easier. And if you ever need help getting started, Airwallex’s support team is amazing and really understands what an eCommerce brand needs.”
Jenny Kwang
Founder of J&Co Jewellery
FAQs about upgrading from Stripe
How much are Stripe’s fees in Singapore?
Stripe’s fees vary depending on the package chosen, with generally higher payment processing fees than Airwallex. Airwallex removes the complexity and conversion fees, offering transparent and lower fees for businesses dealing with multiple currencies and regions.
What alternative solutions to Stripe are there?
There are several alternatives to Stripe, including Wise, and Paypal. However, Airwallex stands out as the all-in-one financial platform for businesses, with wider global coverage, multi-currency support, competitive pricing, like-for-like settlement. It also offers a comprehensive suite of solutions including payment acceptance, FX and transfers, and spend management tools.
Who can open an Airwallex Business Account in Singapore?
To be eligible for a business account, your company must meet these requirements:
Your company must be an officially registered and active business. This means it must be fully incorporated and in good standing.
Your company must be registered in an eligible country.
Your company doesn't operate in unsupported industries.
Your company cannot be on a sanctions list, be a shell bank, or be a bearer share entity.
For more information, click here.
How does an Airwallex Business Account help businesses save on transaction fees?
An Airwallex Business Account can be used to avoid unnecessary conversion fees and to save on everyday expenses. Collect payments from your international customers in their preferred currency and pay global suppliers and employees, or hold funds in a foreign currency until FX rates are favourable for conversion.
All comparisons and information reflect Airwallex’s own research using public documentation as of 28 August 2025, and have not been independently validated.
This publication does not constitute legal, tax, or professional advice from Airwallex. It does not substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency. If you would like to request an update, feel free to contact us at [[email protected]].
Yield is not a savings or deposit product. Investments involve risks, including the possible loss of principal amount invested. Past performance is not indicative of future results. You should seek advice from a financial adviser before making any investment decision. In the event that you choose not to seek advice from a financial adviser, you should consider whether the investment is suitable for you. Screenshots of the product are for illustrative purposes only.
Airwallex (Singapore) Pte. Ltd. (201626561Z) is licensed as a Major Payment Institution and regulated by the Monetary Authority of Singapore. Airwallex Capital (Singapore) Pte. Ltd. is a Capital Markets Services License holder regulated by the Monetary Authority of Singapore (License No. CMS101830). The MAS has not reviewed this information.