Set up your merchant account
When you set up your account to use Airwallex's payment acceptance solution, consider the following key configuration details. If you need to update your account configuration, contact Airwallex Support.
PCI DSS certification
PCI-DSS status: Determines the integration options you can choose. Based on the information you provide, we can upgrade your PCI-DSS certification level.
Default dynamic descriptor: This will be shown to your customers for every payment transaction via Airwallex -- you can change it per transaction using API.
Payment methods
The payment methods you wish to support will depend on the requirements for the specific payment method.
For some payment methods you will have the option to select your preferred route and how you want to split the transaction traffic. This will enable you to increase your conversion, authorization rate and reduce reliance on single acquirers.
Settlement currencies
Decide which principal settlement currencies you want to receive funds in order to avoid FX costs. The more Airwallex balance currencies you have, the more like for like currencies you can configure.
Out of the above, the fallback settlement currency will be used to settle all other currencies we cannot provide you for like, and in this case FX costs will be incurred. We recommend you to set this currency as a major tradeable currency to reduce your costs.
For more information, see Settle into your Airwallex balance.
FAQ
Why is my application unable to proceed?
To meet our internal and external obligations there are certain restrictions upon which we may be unable to proceed with your application to activate payment methods.
- Your business operations are outside of our Acceptable Use Policy (see Airwallex Acceptable Use Policy ).
- Your application may not meet the requirements of our payment partners or our internal policies. This could be due to Card Scheme regulations that Airwallex is required to comply with.
- Airwallex may be unable to onboard a merchant that falls outside of our internal risk policies.
Why are the payment methods I requested not available?
In certain cases where your application is approved we may not be able to provide access to certain payment methods you have requested. These are due to the requirements placed on us by our payment partners.