How Airwallex Simplifies Global Payments and Syncs with Xero

Managing international payments can be a headache for growing businesses. High bank fees, slow transfers, and manual bookkeeping can waste valuable time and money. Thankfully, Airwallex offers a smarter way to handle global payments,and when integrated with Xero, it transforms how your business manages finance and accounting.

What Is Airwallex?

Airwallex is a modern global payments platform built for businesses. It allows you to send, receive, and hold funds in multiple currencies through one digital account. With Airwallex, businesses can open local currency accounts around the world without the need for physical branches.

Key Features:

• Multi-Currency Business Accounts: Hold, pay, and receive in over 40 currencies including SGD, USD, EUR, and AUD.
  
  
• Low-Fee International Transfers: Save up to 90% on traditional bank fees with Airwallex’s competitive FX rates.
  
  
• Virtual and Physical Cards: Create cards for business expenses and control team spending easily.
  
  
• Payment Links & Gateways: Accept payments globally without complicated setups.
  
  

How Airwallex Helps Businesses with Payments

Traditional bank transfers can take days and often involve hidden intermediary fees. Airwallex eliminates those inefficiencies by offering a faster, transparent, and more cost-effective payment process.

1. Faster International Transfers

Airwallex enables same-day or next-day international transfers to more than 150 countries,giving your business quicker access to funds and improving cash flow.

2. Lower FX and Transaction Costs

By offering mid-market exchange rates and low transfer fees, Airwallex helps businesses save money on every cross-border payment.

3. Better Control and Visibility

With an intuitive dashboard, businesses can track transactions in real time, manage team spending, and view balances across all currencies.

4. Seamless Global Expansion

If you’re expanding into new markets, Airwallex lets you collect payments in local currencies and pay suppliers abroad,all from one unified platform.

How Airwallex Integrates with Xero

Accounting is often the biggest challenge when managing multiple currencies. That’s why the Airwallex + Xero integration is such a game-changer for finance teams.

Automatic Syncing with Xero

Airwallex connects directly with your Xero account. Transactions made through Airwallex,including payments, transfers, and expenses,are automatically synced to Xero, ensuring your books are always up to date.

Multi-Currency Reconciliation

Both Airwallex and Xero support multiple currencies. This allows your business to reconcile foreign currency payments easily, without manual data entry or conversion errors.

Expense and Bill Automation

Airwallex can push expense details, receipts, and categories directly into Xero. This means no more manual uploads,saving hours each month on bookkeeping.

Real-Time Cash Flow Tracking

Since transactions sync in real time, your financial data in Xero reflects the latest balances from Airwallex. You can make faster, more informed decisions about cash flow and budgeting.

Benefits of Using Airwallex with Xero

Integrating Airwallex with Xero helps your business simplify complex financial operations and reduce manual work.

Together, Airwallex and Xero form a powerful financial management ecosystem that helps businesses focus on growth, not admin.

Getting Started with Airwallex and Xero

To get started:

1. Create an Airwallex account and complete the verification process.
   
   
2. Connect Airwallex to Xero through the integration dashboard.
   
   
3. Enable automatic transaction sync for your chosen currencies.
   
   
4. Map your chart of accounts in Xero to match Airwallex feeds.
   
   

Once connected, your payments, transfers, and expenses will flow automatically into Xero,keeping your accounting accurate and effortless.

Why Businesses Choose Airwallex + Xero

Businesses that adopt this integration report:

• Up to 70% time saved on monthly reconciliation.
  
  
• Reduced FX fees by up to 90%.
  
  
• Real-time visibility into global cash flow.
  
  
• Simplified financial reporting for multi-currency operations.
  
  

This setup is especially beneficial for startups, e-commerce brands, and international SMEs that need flexibility and automation in financial operations.

Simplify Your Business Finance with Expert Help

Setting up and managing your business payments and accounting system can be overwhelming, but you don’t have to do it alone.

At JWC Accounts & HR, we help businesses integrate tools like Airwallex and Xero seamlessly into their finance workflows. From setup to reconciliation, our team ensures your financial operations are smooth, compliant, and scalable.

Talk to our team at JWC Accounts & HR to discover how Airwallex and Xero can simplify your payment and accounting processes.