Airwallex vs Wise
Compare Wise Business features, fees, and global coverage to see why growing companies choose Airwallex.
With payments to 200+ countries, built in corporate cards, and integrated expense management, Airwallex goes beyond international transfers to power global businesses.
3 reasons why businesses choose Airwallex over Wise
Get wider global reach
Airwallex offers multi-currency accounts in 23+ currencies, compared to Wise’s 9+. Send money to 200+ countries, including 120+ using local payment rails, compared to 73+ with Wise.
Get paid in more ways
Airwallex offers payment links, hosted checkout, ecommerce plugins, and fully customizable APIs. Wise primarily supports payment links and invoices.
Manage expenses with more control
While Wise offers basic card controls, Airwallex helps businesses track and control spend with end-to-end tools – from issuing business debit cards to setting spend limits and syncing with accounting software.
Broader Global Reach. Greater Business Control.
From global multi-currency accounts to payment acceptance and expense controls, the differences become clear. Airwallex supports 23+ currencies and transfers to 200+ countries, compared to Wise’s 9+ currencies and 73+ countries.
Businesses can get oversight and control over their global spend with Airwallex’s expense management tools, which are more comprehensive than those with Wise.
Save on International Transfer Fees and FX
Access interbank FX rates and lower transfer fees to reduce the cost of global payouts compared to Wise.
What local businesses are saying about Airwallex
“Airwallex is a really good example of how we’re investing in technology. While our previous solution for foreign payments was very slow, manual and outdated, Airwallex is quick, easy and efficient. Not only does Airwallex save the team time, it also saves us money – it’s a win-win.”
Laura Bowden
CFO at McLaren Racing
“Because of Airwallex, we’re enjoying significant cost savings and a more streamlined management of funds between different currencies, which is essential for our travel agency.”
Simon Russell
Authentic Vacations, CEO
“Everything just flows now - approvals, expenses, reimbursements. Managers feel trusted, the finance team is more visible, and we’re moving faster without losing control. Airwallex has completely changed the pace and perception of finance in the business.”
Nathan Humphreys
Financial Controller, Truvi
"One thing was clear: We needed a simple-to-use, truly global financial solution that allowed us to seamlessly accept money from customers in multiple markets convert it to other currencies only when needed, and pay vendors in different countries. In other words, we needed to trade globally - not just Australia.”
Richard Li
Co-founder & CEO, July
"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."
Rupert
Managing Director, Perspective Pictures
Frequently asked questions about Wise features and fees
What alternative solutions to Wise are there?
There are several alternatives to Wise, including PayPal, Payoneer, Revolut, and HSBC. However, Airwallex stands out for its competitive pricing, global reach, multi-currency support, and end-to-end solutions including FX and transfers, spend management tools, and payment acceptance.
How do Wise fees compare to Airwallex in the US?
Wise charges a fixed fee plus a variable fee that depends on the currency route and payment method, and FX markups apply when converting currencies. Airwallex provides competitive transfer pricing and access to interbank FX rates, helping US businesses reduce the total cost of international payouts, especially when operating across multiple currencies and regions.
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. You can collect payments from your international customers in their preferred currency and then spend those proceeds later in the same currency (for example, to pay global suppliers and employees), thereby eliminating unnecessary conversion fees. You can also benefit from holding funds in a foreign currency until FX rates are favourable enough to convert these funds to your home currency.
Switch to Airwallex today
Outgrow Wise with broader coverage, competitive FX rates, and built in spend control.