How do Airwallex's Payments features support the eCommerce industry?

Nothing gets an eCommerce professionals adrenaline pumping more than peak sales season. The preparation is extensive, the clock is relentless, and every decision made in the heat of the moment could lead to triumph or defeat. 

In the eCommerce world, Black Friday and Cyber Monday aren’t just days. It’s a make-or-break period that can define the success of an entire year. Winning peak sales season is going to be tough if you don’t have the right tools on your side. You could have the best products, brand and marketing in the world, but a lousy checkout experience might see you fall at the final hurdle.

We want to help the eCommerce industry champion their checkouts and payments, and our suite does exactly that.

How do Airwallex’s payments features help eCommerce businesses?

Airwallex Payments features help take your products to the world, and open up your business’ potential to serve more people, via more payment methods, in more places.

Within these products we have our low-code checkout solution and our seamless payment links - which intelligently integrate with popular eCommerce platforms. These both connect to our amazing Business Account, and all the new multi-currency and digital financial operations capabilities that come with it.

Checkout Solution

In the fast-paced world of eCommerce, every click counts. That's why integrating Airwallex’s Checkout solution into your website can be a game-changer, boosting conversion rates and saving you money on processing fees. 

What makes our Checkout Solution perfect for eCommerce businesses?

Expand your payment method offering

Did you know that 77% of consumers are likely to abandon their cart if their preferred payment method is unavailable? 

Airwallex helps you make life convenient for your customers by offering payments in their local currency and preferred payment methods. It’s why we offer over 160 payment methods worldwide in over 120 currencies. From the customer’s perspective, they are automatically shown available local payment methods in their language, and presented prices in local currencies.

This not only enhances your customer’s experience but also increases the likelihood of converting browsers into buyers.

💡Airwallex customer and iconic Aussie brand July has found these payment capabilities to be a game-changer for their business growth. 

​​“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,” says Co-Founder Richard Li.

Strengthen trust with customers

Building trust during the checkout process is essential for securing those sweet conversions.

Airwallex empowers you to personalise your checkout experience with your company’s brand colours, verify card details instantly, and ensure compliance with PCI DSS, SOC1, and SOC2 standards.

Reduce failed payments

Nothing can derail a checkout experience more than a failed payment.

Our Airwallex’s out-of-the-box payment success optimisations, including machine learning and a smart 3DS engine, improve acceptance rates and reduce failed transactions.

Want more info about your payment acceptance rate? In Airwallex’s Web App Payments Dashboard you can find all the metrics related to your payment acceptance rate so you can monitor your payment health, compare acquirer performance, identify addressable issues and make informed decisions in real-time.

Payment Links and Plugins

Airwallex Payment Links are a tool that can transform how you accept payments from customers worldwide. They take payment flexibility to the next level, and don’t require a single line of code - which we hope is music to your busy ears!

What makes our Payment Links and Plugins perfect for eCommerce businesses?

Effortless global payments via email and social media

Our payment links can be created in the Airwallex app and shared via email or social media. All your customers need to do is click, choose their payment method, and complete the transaction. Payments are processed securely, with instant confirmation.

Like everything else with Airwallex, we really shine when it comes to offering a huge range of payment methods and currency acceptance, and our payment links are no different!

Robust security and insights 

Like our Checkout Solution, with our Payment Links you can enjoy secure payment processing, advanced fraud protection, and detailed reporting to protect your business and inform decision-making.

Which eCommerce platforms does Airwallex Payments integrate with?

If you’re using it, we can almost guarantee that we integrate with it! Our integrations allow for quick and easy setup, requiring no coding knowledge, and help you expand your business globally with efficient payment solutions.

Airwallex Payments integrates seamlessly with popular eCommerce platforms, including:

• Shopify

• WooCommerce

• BigCommerce

• Magento

• PrestaShop

• OpenCart

How can Airwallex Payments tools help eCommerce businesses save?

We know that every Our tools help eCommerce businesses save, and as a result, unlock more opportunities for growth!

They reduce setup and maintenance costs by minimising the need for technical expertise or expensive developers. This leads to quicker setup times and faster market entry, allowing businesses to start generating revenue sooner. On top of that, easy integrations streamline operations by enabling seamless data flow, reducing manual data entry, and improving overall productivity.

And that’s just the beginning! Our Payments features link directly into Global Accounts - a favourite tool of our eCommerce clients! When you recieve payments from other countries, these funds will be held in foreign accounts. You can then pay suppliers in those countries out of the accounts that are local for them. This will help you avoid forced conversions, which could lead to big savings!

Fitness eComm and retail brand EHPlabs has been able to avoid costly conversions with Airwallex tools .

“Whenever we were purchasing anything in a foreign currency, they were taking a clip on the FX rate they’d give us plus they were adding a commission fee," says Finance Manager Hamish Hickmott. “When we actually worked it out we were paying just huge amounts a month in what I saw as unnecessary conversion fees and commissions.”

“I'd say we're probably saving between $20k and $30k a month across the transfers that we do within our own entities as well as all the payments we put through on the credit cards.”

To Black Friday, and beyond! 🚀

Black Friday may be the word on everybody’s lips, but you want to shoot for success all year round. Optimising your selling processes with Airwallex Payments tools can help you shoot for the sales stars at any time of year. 

Payments are a powerful part of our Business Accounts, our all-in-one place to collect, move and manage money. Discover for yourself why Australian eCommerce businesses everywhere are making the switch, and scaling rapidly with our next-generation tools. 

Disclaimer: This information doesn’t take into account your objectives, financial situation, or needs. If you are a customer of Airwallex Pty Ltd (AFSL No. 487221) it is important for you to read the Product Disclosure Statement (PDS) for the Direct Services, which is available here.