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
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.
How WeSki boosted its bottomline through efficient payment infrastructure
The Challenge
The online platform is disrupting the ski travel industry with its online platform that allows skiers and snowboarders to discover, plan and book personalized ski holidays. The business faced challenges with efficiently collecting payments in multiple currencies from customers around the world. It was also getting complicated for them to handle payments to their ever-growing network of suppliers across various payment methods and terms. Their reliance on traditional banking solutions to manage international payments was proving to be costly and complex.
The Solution
Partnering with Airwallex has enabled WeSki to optimize multiple elements of their financial infrastructure using a single platform. WeSki now easily accepts funds from Braintree, a PayPal service, using Airwallex Global Accounts which allows them to efficiently manage multiple currencies and enjoy lower transaction costs. Airwallex also enables them to make fast, cost-effective international transfers at market-leading rates. Using virtual company cards, WeSki can now pay suppliers in minutes, directly from their held balances, while eliminating unnecessary FX conversion fees and surprise foreign transaction fees. By partnering with Airwallex, WeSki has been able to improve scalability, reduce operational costs and consequently boost their margins.
How Authentic Vacations saved $10k a month on FX
The Challenge
Authentic Vacations faced a challenge. Although the travel agency provides a smooth, seamless and premium customer experience - behind the scenes, the supplier payment processes were complex and eating into their profit margins. With suppliers like hotels, car hire, tour and experience providers all based in Europe, they had to pay suppliers by card in currencies other than their home currency, which resulted in high cross border fees. To further add to the complexity, many suppliers require advance payment by card in Euros or GBP. Authentic Vacation’s payment processes were manual and fragmented. To prevent disruptions for their customers and suppliers, they needed a solution that cut cross-border payment costs, reduced FX fees and made the entire business transaction process seamless and as smooth as their front end customer experience.
The Solution
And that’s when Authentic Vacations found Airwallex. Speaking with Authentic Vacations CEO Simon Russell, he said that the Airwallex solution has “significantly simplified the process of using our USD client receipts to pay our suppliers outside of the US at a much lower rate than our previous providers." By using Airwallex’s local payment rails to replace their global bank, they were able to remove the staggering 2 - 5 day transfer time and now can send USD to NZD in just a few hours. The administrative headaches have gone and have been replaced with significant cost savings, more streamlined management of funds between different currencies and a direct link to Netsuite for accounting. The Authentic Vacations payment processes are now well-oiled and frictionless for everyone — customers, suppliers, and internal finance teams.
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.
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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.
