Airwallex vs Mercury
Evaluate the differences in fees, features, and global reach to find the right fit for your business.
Airwallex unlocks global scale with multi-currency accounts, flexible card solutions, and infrastructure designed for international operations.
3 reasons why businesses choose Airwallex over Mercury Bank
Get wider global reach
Airwallex offers 120+ local payment rails that allow no-fee local payments while Mercury charges a 1% fee for non-USD international wires. Pay out in 90+ currencies vs just 40+ with Mercury.
Build to sell, not just store
Airwallex offers native payment links, hosted checkout, ecommerce plugins, and fully customizable APIs. We also offer subscription management, usage-based billing, and invoicing. Mercury supports payment links and invoices but can require third-party services for payment acceptance and is primarily only available in the US.
Manage multi-entity businesses
Airwallex is purpose-built to manage all your business entities with one login and centralized spend policies, with consolidated visibility and unified approval workflows.
Broader Global Reach. Greater Business Control.
From global multi-currency accounts to payment acceptance and expense controls, the differences between these two platforms are distinct. Airwallex supports holding and managing 20+ currencies natively with transfers to 200+ countries, whereas Mercury is primarily a USD-based platform that supports outgoing international wires in 40+ currencies but automatically converts all incoming funds to USD.
Save on International Transfer Fees and FX
Access interbank FX rates and lower transfer fees to reduce the cost of global payouts compared to Mercury.
What local businesses are saying about Airwallex
“Tasks you did once a week suddenly happen five or six times a day as you grow. You can either hire more staff or you can automate. With Airwallex, we sped up virtual card creation by a factor of over 100. That kind of efficiency lets you scale without scaling your finance team at the same rate.”
Charles Neville
Marketing Director, JayWay Travel
“Our employees use Airwallex’s multi-currency cards to make purchases in all the countries we operate in. With these cards, we can avoid international transaction fees and unnecessary currency conversion fees.”
Dennis Tan
CFO, Mighty Jaxx
“With Airwallex, everything is in one place – payments, transfers, FX, cards. Plus, having a dedicated account manager made onboarding completely different from anything we’d experienced before."
Tony Berkman
CEO of Internet Florist
“We issue Airwallex's virtual, multi-currency visa cards online for our employees to empower purchase decisions and streamline operations, saving everyone's time on when really matters. Through Airwallex's FinTech platform and market-beating FX rates, we are able to save 3–5% on all foreign currency payments. I would recommend any startups in the region to start using Airwallex.”
Gabriel Kung
Chief Commercial Officer, Bowtie
Choose Airwallex Today
Outgrow Mercury Bank with broader coverage, competitive FX rates, and built-in spend control.