Travel
Multi-currency travel payments on one global platform
Boost travel bookings, pay global suppliers more efficiently, and programmatically manage FX risk with a future-proofed solution.
Streamline your global financial operations
Spend less time managing complex, multi-currency payments and multiple banking partners.
Improve supplier payment transparency and security
Automate and enhance complex supplier and vendor payments, reconciliation, and reporting.
Boost global bookings with an optimised checkout
Let customers make bookings in their preferred currencies and payment methods.
Programmatically manage currency risk
Use multi-currency accounts to accept and pay out funds easily and cost-effectively. Benefit from customised FX hedging solutions.
Global payments and financial operations for a variety of travel use cases
Travel agencies and booking sites
Receive multi-currency payments from international travellers while paying out to global suppliers and collecting commissions.
Tour operators and DMCs
Collect payments in your clients’ preferred currencies, and efficiently pay on-the-ground travel partners across the world.
Corporate travel agencies
Streamline B2B payments for hotels, flights, and other travel spend for clients globally and offer a branded corporate T&E card.
Travel marketplaces
Seamlessly pay out to hosts in the preferred currencies, while easily deducting your platform booking fees.
Consolidate your travel payments stack, from customer bookings to supplier payments
Airwallex offers an end-to-end solution for global travel businesses. Accept payments from travellers, and pay hotels, tour operators, and hosts from around the world quickly and easily. Reduce FX risk and manage all your financial operations directly from the Airwallex app or build more advanced workflows via our API.
Pay Travel Suppliers
Pay suppliers quickly and cost-effectively
Use virtual cards for secure payments globally
Issue virtual cards across geographies using one API and fund them directly from multi-currency balances to save on FX fees.
Reduce the risk of fraud
Set specific cards limits, expiry dates, and MCC controls to reduce fraud and ensure funds are used appropriately.
Access flexible interchange and dedicated BINs
Select from variable interchange rates to increase acceptance rates and access dedicated Travel BINs for premium rebates.
Pay via bank transfer at interbank FX rates
For suppliers that don’t accept cards, send transfers faster and more cost-effectively than with traditional banks.
Issue cards via API
Issue single or multi-use virtual cards via API to securely make payments to travel suppliers with more visibility.
Connect to travel ecosystems
Airwallex’s virtual cards can be passed to your Global Distribution System to streamline supplier payments.
Settle with suppliers faster
Pay your network of suppliers, with 90% of funds arriving the same day, using Airwallex’s connections to local rails in 120+ countries.
ACCEPT TRAVEL PAYMENTS
Boost travel bookings with a locally-optimised payment experience
Offer popular global and local payment methods
Support 160+ payment methods, including cards, bank transfers, wallets, and buy now, pay later options. Display prices in local currency at checkout.
Eliminate costly FX fees and minimise FX risk
Collect and settle funds in the same currency with like-for-like settlement, and say goodbye to hidden conversion fees or the need to set up multiple entities.
Improve conversions and reduce chargebacks
Benefit from machine learning-powered optimisations to boost acceptance rates, smart 3DS logic, local acquiring, customisable risk thresholds, and more.
Accept online payments
Accept payments on your website, in your mobile app, or via invoices through no-code, low-code, and API-based options.
Accept bank transfers
Open Global Accounts that come with local bank details to collect payments via bank transfer in 20+ currencies.
Multi-currency pricing
Lock in FX rates for a set time period when you price in local currency to safeguard against FX fluctuations.
Manage Spend
Track employee spend and manage accounts payable across your global travel business
Empower employees with corporate cards
Issue multi-currency company and employee cards to staff located in each of your markets for T&E or for business expenses like ad spend.
Make expense reports a breeze
Enable global staff to upload receipts on the go and track all card and reimbursement expenses from one dashboard.
Automate your bill payments
Easily upload, approve, pay, and reconcile your domestic and international bills, and build custom approval workflows.
Travel Case Studies
Rezdy (Group) bridges bookings and borders for global growth
The Challenge
Rezdy is a trailblazer in the global tourism and experiences industry undergoing a major transformation. Following a merger that united three brands across different countries, the Group faced a new challenge: how to unify global financial operations to support its bold vision for growth. As they expanded its footprint across Australia, Canada, the United States, and Europe, the financial management of the business became more and more challenging. The finance team found themselves juggling multiple banking relationships in different countries, dealing with significant foreign exchange fees, and struggling with time-consuming manual processes.
The Solution
Using Airwallex, Rezdy was able to integrate with existing systems, including Netsuite and Xero, and set up multi-currency accounts to allow the business to hold and transact in multiple currencies without the need for separate overseas bank accounts or paying costly currency conversions. Thus, Rezdy can now move money between its entities instantly, saving time and reducing the risks associated with fluctuating exchange rates. The business can also streamline financial operations and expense management with existing integrations.
Travello embarks on a growth journey with Airwallex's financial solutions
The Challenge
Classified as an ‘Online Travel Agent’, Travello is constantly making and receiving international payments. Their business model involves them marketing and selling the experiences they have on offer, collecting the funds from wherever their customers are in the world, and then paying their ‘provider operators’ the net amount once the experience has been used.
The Solution
Through Airwallex's Global Accounts and Borderless Cards, Travello can bring down their costs substantially. They can use their Airwallex Global Account in the corresponding currency to pay their software subscriptions, skipping the costly conversion and transaction fees. Additionally, the Travello team use Airwallex’s Borderless Cards to make seamless business purchases when travelling internationally.
How Plum Guide streamlines its funds management
The Challenge
With its global customer base, Plum Guide receives funds from guests in multiple local currencies. In addition, it needs to service host payouts quickly in their local currency. This required Plum Guide to use multiple traditional banks and brokers to manage funds and make FX transactions. This process was becoming even more complicated with Plum Guide’s plan to expand to 60 new destinations.
The Solution
Plum Guide is leveraging Airwallex’s global treasury and cost-effective international transfers to operate more efficiently and scale its operations faster. Plum Guide can now quickly and easily service global collections and payouts through Airwallex’s powerful global treasury infrastructure. This has streamlined Plum Guide’s financial operations, saving them considerable time and allowing them to focus on scaling their business. Using Airwallex for global treasury instead of multiple FX brokerages has streamlined Plum Guide’s financial reporting.
RESOURCES
Discover the payment trends and technology shaping the travel industry
Get insight into how global travel executives are modernising their payment and financial systems to compete more effectively on the international stage. Understand the complexities of international customer, supplier, and vendor payments, and how a unified tech stack can fuel growth.
Blog
Revolutionising travel payments: why top companies are switching to end-to-end systems
Blog
End-to-end payment systems for travel companies: How they work
Blog
Travel payment processing: What online travel agencies need to know
EMBEDDED FINANCE FOR TRAVEL COMPANIES
Unlock new revenue streams for your business
Create more value by offering tailored global financial services within your travel platform or marketplace, including treasury, multi-currency wallets, cards, and FX capabilities.
Ready to get started?
Open an Airwallex account today or talk to our team to design the right solution for your business.