Paysera expands global reach with Airwallex
Find out how Paysera leveraged Airwallex’s embedded finance solutions to achieve rapid innovation.
Paysera is a payments platform which enables customers to exchange currencies, accept international payments and transfer money.
In 2023, Paysera will expand their product offering, allowing customers to transfer funds to 149 countries and open IBAN accounts in 9 regions including the US, Australia and China.
Paysera needed a partner who could provide them with the financial infrastructure to scale their payment capabilities fast, and so they came to Airwallex.
How is Paysera using Airwallex's APIs?
Paysera is using Airwallex’s embedded financial solutions to underpin their existing technology.
Using Airwallex APIs, Paysera has expanded their payment capabilities, enabling clients to accept and send payments to more countries globally without being subject to unnecessary fees.
Before the Airwallex integration, Paysera offered euro accounts to their customers. Now they offer IBAN accounts in 9 regions, opening the door for their customers to engage in frictionless international trade.
Vice President, Paysera Ltd
“This agreement will have a direct impact on trade to China, Turkey and the US. People who pay in currencies other than euros will have the opportunity to make those payments at better rates, faster and cheaper.”
As well as working with established businesses, Paysera serves freelancers and personal finance customers. For these clients, the Airwallex integration will make transferring money abroad more efficient and cost effective.
“If somebody from Bangladesh or India works in North Macedonia, instead of sending money through banks, they will be able to use the local payment integration with Airwallex and send money on a daily basis to their family,” says Bashkim Zeqiri, Vice President, Paysera Ltd.
Enhancing Paysera’s payment capabilities
Paysera wanted to scale their payment capabilities in order to better serve customers. They needed to open up more global payment channels, so customers could more efficiently manage money across borders.
They needed a solution which was scalable and would allow for fast innovation and fewer manual processes.
Using Airwallex’s financial infrastructure, Paysera can now offer customers fast and efficient transfers to 149 countries.
Paysera’s clients can now open IBAN accounts in 9 regions, including the US and China, allowing for frictionless global trade.
Paysera have enhanced their B2B product offering to include mass payouts and mass payment collections.
Paysera can continue innovating and developing their product offering through Airwallex’s APIs.
Empowering businesses to build without limits
Airwallex helps businesses like Paysera build better financial solutions for their customers.
Ryan O'Holleran, Director, Platform Sales, EMEA, Airwallex commented: “Our mission at Airwallex is to empower businesses to scale without limits. We’re proud to provide the financial infrastructure which will enable Paysera to grow their reach and better serve their global customers. With Airwallex’s technology in place, Paysera can offer their clients a more comprehensive payments solution which will enable financial management on a global scale.”
See how our customers are finding Airwallex
"Airwallex have been a fantastic partner for Olsam Group as we grow our eCommerce brands to new channels and new markets. Their easy to use interface and integrations have been a joy for our finance team to use as we scale."
"For ME + EM, expanding into international markets such as the US has been our focus - and with Airwallex, we were able to use their local USD Global Account to collect from our Paypal US account, thereby allowing us to save 3% on each transaction. The process of working with Airwallex has been seamless - our suppliers get paid quickly, we have a dedicated Relationship Manager who has been really patient, helpful and quick to respond. I am keen to use their cards to pay for our ad spend in the near future to save further on our USD invoices."
Finance Manager, ME + EM
"We've had such a fantastic experience switching to Airwallex. Previously we were using a traditional bank to make all of our international transactions and they'd constantly lock us out of the account everytime we made a transfer, resulting in hours and hours of lost time on hold. Airwallex is secure, makes it super quick and simple to make and receive international payments."
Managing Director, Perspective Pictures
“We used to pay Stripe between $5,000 and $10,000 a month in conversion fees because most of our customers pay in dollars. Now we funnel that money into our Airwallex US dollar account, we don’t have to pay commission. We’ve saved more than $100,000 so far this year”
Founder and CEO, Brandbassador
"We love Airwallex! It has considerably eased our invoicing and payments to contractors around the world. Sending and receiving money is much faster and cheaper than before."
Co-Founder, Mobile Transaction
“We are so glad that we have found Airwallex! There are no hidden charges, they are quick to respond to any queries and we had the smoothest transaction with amazing support from the team continually.”
Supply Chain Executive, Miss Patisserie
"Our water solutions company, Dropterra (go.dropterra.com) has partnered with Airwallex since inception and it has been the best banking and payment partner a company can think of. International transactions are easy, secure, and fast, the technology is incredible and their client service fantastic! We look forward to growing and deepening our relationship with Airwallex!"