Indian businesses expanding internationally face expensive and slow cross-border payments. Traditional banks charge 3-5% in hidden FX markups plus ₹1,500-3,000 per SWIFT transfer. The process takes 3-5 business days. Airwallex eliminates these pain points with multi-currency accounts, competitive exchange rates, and faster transfers designed for global commerce.
Payment Solutions
| Provider | Transfer Fee | FX Markup | Speed | Best For |
|---|---|---|---|---|
| Airwallex | Low | 0.5-1% | Same day | Business payments |
| Wise | Low | 0.5-1% | 1-2 days | Freelancer payments |
| PayPal | Moderate | 3-4% | Instant | Small amounts |
| Bank SWIFT | ₹1,500-3,000 | 2-4% | 3-5 days | Large transfers |
Why Indian Businesses Choose Airwallex
Airwallex provides multi-currency accounts to collect, hold and convert funds in 60+ currencies at competitive rates. Perfect for IT companies, export businesses, and SaaS startups with international clients. For individual freelancers, Wise is the simpler choice with equally good exchange rates.
Key Features
- Multi-currency accounts: Hold USD, EUR, GBP, AUD and convert when rates favour you
- Virtual cards: Pay for international SaaS subscriptions and services
- API integration: Automate payments in your application
- Batch payments: Pay multiple vendors or remote employees efficiently
- RBI compliance: Designed to work within Indian regulatory framework
Frequently Asked Questions
Available in India?
Yes. Airwallex operates in India for eligible businesses. Apply on their website.
vs Wise Business?
Airwallex better for larger businesses. Wise better for small businesses and freelancers.
RBI compliance?
Yes. Airwallex follows RBI guidelines for cross-border payments.
Integration?
API, Xero, QuickBooks, Shopify, and major accounting/e-commerce platforms.
Related: Payments | Earn Money | Freelancing