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Business banking
OFX transfer: fees, FX rates, security and processing time
Discover the ins and outs of transferring money with OFX: delve into fees, exchange rates, security measures, and processing times. Additionally, discover Airwallex as an alternative solution for seamless international transfers.
Kirstie Lau
•6 min
Insights from latest 2024 research: challenges and development trends for Hong Kong trading SMEs
In 2024, Airwallex conducted a focused study on the import and export trade of SMEs in Hong Kong. Despite escalating operating costs, the study revealed that businesses engaged in cross-border trade in Hong Kong remain committed to growth and expansion.
Kirstie Lau
•6 min

Airwallex news
September release notes: Quicker activation for Apple Pay, customisable monetisation with Application fees and improved deposit information
Discover the latest product releases from Airwallex.
•5 minutes
Business banking
Guide to expanding your business to the United Arab Emirates
Guide to expanding business to UAE: subsidies, business environment analysis, popular goods, free trade zones, and step-by-step guide on setting up your company locally.
Kirstie Lau
•6 min
Get ready for the retail peak season: costs and preparation you need to know
With Black Friday, Double 11, and Christmas fast approaching, are you fully prepared for the surge in consumer demand? Read on to find out how you can best manage these extra expenses, and explore strategies to maximise your sales potential.
Kirstie Lau
•4 min
Understanding corporate cash flow: types, management principles and skills
How important is cash flow management? This article introduces the types of cash flow, their calculation method and common cash flow issues faced by companies. You will also learn about how accounting software benefits companies financially.
Kirstie Lau
•6 minutes
Online payments
“Buy Now, Pay Later” for Hong Kong eCommerce: benefits, risks and integration methods
“Buy Now, Pay Later” has become increasingly popular around the globe in recent years. This article analyzes its development trend and differences from credit card installments. You’ll also learn how it could help enhance conversion rates.
Kirstie Lau
•6 minutes
Expense management
5 best expense tracking software for SMEs
An expense tracker should help businesses to optimise budgeting and manage their finances efficiently. Make an informed choice after comparing five expense tracking and management solutions on the market.
Kirstie Lau
•6 minutes

Airwallex news
August release notes: UAE AED collections, Global Entity Management, Reimbursements on mobile and more
Discover the latest product releases from Airwallex.
•5 minutes

Business banking
Guide to Currenxie: fees, processing time and limits
This article provides a detailed breakdown of Currenxie's remittance services, fees, processing times, and limits, as well as comparing it with other remittance platforms like Airwallex.
Kirstie Lau
•6 minutes
Business banking
Expanding business to Dubai: receiving payments, remitting money to Dubai and limitations
This article introduces methods and restrictions for opening an account in Dubai. It compares the transaction fees, processing speed, charges and hidden fees between telegraphic transfer, electronic transfer platforms and third-party payment platforms.
Kirstie Lau
•7 min

Business banking
Payoneer vs Airwallex: compare on fees, features and benefits
Use our table to compare Airwallex against Payoneer on fees and platform benefits.
Kirstie Lau
•3 minutes

Business banking
Guide to Western Union: fees, steps and processing time
This article analyzes the fees, exchange rates, and processing times for remittances from Hong Kong to international destinations via Western Union.
Kirstie Lau
•6 minutes
Accounting
5 international accounting software most suitable for Hong Kong cross-border businesses
Navigating the landscape of cross-border commerce brings its unique challenges, and international accounting software plays a crucial role in simplifying these complexities. We will compare the 5 most common options in Hong Kong.
Kirstie Lau
•7 mins

Airwallex news
July release notes: Currency switching on Shopify app, improved FX conversion APIs, and more
Discover the latest product releases from Airwallex.
•5 minutes

Transfers
Wire transfers explained: What they are and how they work
Wire transfers are a specific type of bank transfer that moves money between two banks. Learn about their mechanism, benefits, and compare it with Airwallex’s payment services.
Kirstie Lau
•8 min
Transfers
CNY vs CNH - Differences between the two Chinese Yuans
The Yuan has two forms: CNY (onshore) and CNH (offshore). Both types are equal in value when exchanged for each other but differ when exchanged for other currencies. Businesses should understand these distinctions for efficient transactions with China.
Kirstie Lau
•3 minutes

Transfers
Remittance to mainland China: guide to all methods, restrictions, and fees
What methods are available for businesses to transfer funds from Hong Kong to China? What are the fees, processing time, restrictions, handiness, and security? Learn more in this comprehensive guide.
Kirstie Lau
•7 min

Online payments
How to choose your cross-border payment collection tool?
Cross-border payment collection tool is a must-have for all cross-border merchants. Learn how Airwallex can streamline cross-border payment collection and more.
Kirstie Lau
•4 minutes
Business banking
Why is my bank transfer delayed? 6 potential reasons
Learn what happens during bank transfers, why bank transfers are commonly delayed, and how you can lessen the negative impact.
Kirstie Lau
•8 minutes

Business banking
Business account: What it is, advantages, and process of account-opening
A business account is specifically designed for business transactions. Learn what a business account is, the advantages, and procedures for opening one.
Kirstie Lau
•8 min
Online payments
Grasp the peak sales season: how to select a payment gateway for my business?
Discover the significance of selecting the appropriate payment gateway for both B2C and B2B companies. Explore the differences, including transaction fees and accepted payment methods, among popular payment gateways in the market.
Kirstie Lau
•5 minutes

Business banking
PayPal vs. Airwallex: fees, features and advantages
This article compares PayPal and Airwallex, focusing on fees, features, and advantages for business accounts – so you can learn the differences and determine which platform is better suited to streamline your operations.
Kirstie Lau
•5 minutes