Airwallex, an Australia-based fintech firm, introduced on Thursday it has teamed up with Visa to launch the Airwallex Borderless Card for enterprise. In line with Airwallex, the brand new card will allow Airwallex account holders to pay suppliers in seconds and “empower” their groups to make company buy selections.
“The Airwallex Borderless Card shall be rolled out in two key phases. From in the present day, Airwallex prospects in Australia will be capable of immediately generate and challenge multi-currency digital cost playing cards to pay suppliers in seconds. With the flexibility to make funds to retailers globally the place Visa is accepted, the brand new card will present better efficiencies and improved monetary oversight for enterprise operators. Each single use or multi-use playing cards can be found with particular person transaction limits throughout forex and service provider sorts, offering complete management and visibility over funds.”
Talking in regards to the partnership, Jack Zhang, CEO and Co-founder of Airwallex, said:
“Airwallex’s purpose has at all times been to arrange a world monetary infrastructure that helps companies to develop and scale. In the previous couple of years, we’ve got cemented a rising status as one of many world’s main cross-border funds suppliers. This partnership with Visa takes us to a brand new stage, the place we will now supply companies an end-to-end monetary companies answer. We have now developed to change into a enterprise account that may assist the monetary wants of in the present day’s fashionable enterprise.”
The Airwallex Borderless Card is debuting in Australia and can change into accessible in different markets world wide, together with the UK and Hong Kong, later this yr.