May Release Notes 2022: bank feeds, invoices and workflows

Alright, everyone. You told us which features you wanted most, and we’ve been dropping hints about some nifty integrations for some months now. Today the time has finally come to roll a few of these out.

Here’s what we’ve been serving up in May.

New features 🎉

Good news for maple syrup exporters. 🇨🇦

Folks in the US couldn’t believe the amount of red tape standing between them and their northern neighbours. But it’s our job to clear the road to Canada. Today you can collect funds from customers, or pay out to suppliers and staff, from the economically thriving land of Neil Young and maple syrup. All without boarding a plane or losing a currency clip to the banks.

Head to Global Accounts to create your first CAD currency account with a few clicks.

All your spending, front and centre. 🔎

Not all bank feeds are created equal. Never miss a beat with a live bank feed that automatically reconciles your international and domestic transactions, as they happen.

NetSuite’s integration is now available in Airwallex. To get started, navigate to the Connections tab in your account and click NetSuite Bank Feed.

Get your Xero invoices paid on time. 🧾

Did you know there’s an easier way for your customers to pay you on the spot, and in any currency?

Now you can set Airwallex as your preferred online payment option when you send your next invoice via Xero Invoice Payment. Head to the Connections tab in our web app to embed our Payment Links into your Xero invoices for faster, cheaper payments

Zap your productivity into gear. ⚡️

Wished you could connect your favourite apps like Slack, Gmail and Google Forms to your Airwallex Business Account? Well, now you can! We’ve teamed up with Zapier to make your workflows silky smooth.

Now you can connect up to thousands of apps from Zapier’s ecosystem in a few short steps. This integration lets you build fast, intuitive workflows to automate tedious tasks with things like transfer contacts, cardholder creation, card spending alerts and low account balances. 

Setting up the integration is free and easy. All you have to do is login to your Zapier account, connect with Airwallex and you can start setting up custom triggers and actions right away.

Get onboard with Borderless Cards, Singapore. 💳

Singapore’s first corporate debit card with unlimited 1% cashback is finally here. Now you can enjoy uncapped rewards with cashback on every dollar you spend.

Create your first virtual cards today and load them with multiple currencies to spend at home or abroad. No forced conversions and inflated FX rates in sight. Plus, let your teams make online purchases without having to hold onto receipts for reimbursement by enabling Airwallex Expenses.

Manage multiple accounts from one place. 🏦

Some of you had two or more accounts or businesses. But your account information and funds were isolated which meant you couldn’t see all your accounts in one place or transfer funds across.

Now you can view and manage all your wallet balances and transaction activity at a glance. No more switching accounts or having multiple tabs open. To group your accounts, click your business name in the top left-hand corner of your dashboard and select Account Group. Grouping is currently only available for accounts held in the same region.

Improvements 🎨

Your card expense process just got smoother. ⛵️

Expenses users may have noticed some new features that make the process smoother and more accessible for cardholders and admins. 

We’ve tinkered around with the inner-workings so admins can preview uploaded receipts in PDF format and look up submitted expenses for each user. 

Plus, your employees will get daily reminders to submit outstanding receipts for any new purchase they make. Hopefully, this will make it easier for card admins to approve an expense.

Control spending effortlessly with mobile notifications. ⚠️

We’ve added new notifications settings to help card admins control usage or top-up funds on the go. Now you can control your subscription to include card and expense notifications in the app (with more notification types coming soon).

Just update your Airwallex mobile app via the Apple App Store or Google Play Store to enable new push notifications.

Airwallex now supports BPAY verification for payouts. 🦘

That’s right. If you live in Australia, you’ll be pleased to know that we are now officially certified as a BPAY Payer Institution Member. 

That means you can display the BPAY logo when you make your next transfer. Hopefully being a registered BPAY biller makes it easier to manage your money in one place.

Increase your conversion rates with Google Pay. 🛍

This one’s for all our Airwallex merchants out there. We’ve added Google Pay as a payment method to help your customers breeze through your Online Payments checkout faster than ever. 

Hopefully this does wonders for your cart abandonment rate, and your customers will appreciate not having to fill in as many fields to make a payment.

Upcoming arrivals 🧳

Keep an eye out for our upcoming notes to see things like a new Quickbooks integration, New Zealand Dollar collections and NetSuite Bill Pay (for our customers in Australia and Hong Kong).

That’s the end of our May release round-up. We hope these new features, improvements and integrations give you even more confidence to run your business without traditional banking.

Have something you’d like to see earlier for your region on our roadmap? Let us know here.