Airwallex and TripActions partner to support its global cross border payments

Global FinTech Airwallex recently announced that it has been chosen by TripActions as the partner of choice for its global cross-border payments, and FX needs to support TripActions Liquid, its corporate card and expense management solution.

“Identifying faster, easier, and safer ways to move and manage money is key for businesses that want to grow at scale. At Airwallex, this is exactly the pain point that we are building a solution for,” said Ravi Adusumilli, Global Head of Partnerships and General Manager, Americas at Airwallex. “TripActions is the modern day, all-in-one solution for corporate travel and expense, and we are pleased that we are able to support them and their ambition as they look to grow and expand their business globally.”

With support from Airwallex’s global payments and banking infrastructure, TripActions can further streamline travel and expense management experiences for its customers across 130 markets by providing a seamless, cost-efficient way to convert and pay out funds in over 45 currencies.

“TripActions aims to make travel and expense easy, and Airwallex’s vision to deliver better experiences and tech solutions aligns exactly with that goal,” said Michael Sindicich, EVP and General Manager of TripActions Liquid. “With Airwallex, we are now able to reimburse our customers’ international employees in their local currencies instantly or on the same day in many countries, and we’re excited to continue working together as we bring more innovative features to businesses everywhere.”

Recently, IBS Intelligence reported that Airwallex announced it had partnered with Plaid, the data network powering the digital financial ecosystem, to offer an integrated solution that can streamline Automated Clearing House (ACH) payments and enable a more seamless, safe, and cost-efficient way to authorise debits from their bank accounts and fund their Airwallex accounts.

Airwallex is one of the leading financial technology platforms for modern businesses growing beyond borders. With one of the world’s most potent payments and banking infrastructures, their technology empowers businesses of all sizes to accept payments, move money globally, and streamline their financial operations in one platform.