March release notes - key updates from AirWallex
Read the latest below from AirWallex with all their latest updates.
eGIRO direct debit is now available for both WebApp and API customers in Singapore. This new feature allows you to instantly add SGD directly from your verified linked bank accounts with participating banks. You can simply provide authorisation via your online banking portals to ensure smooth and secure top-ups, up to a default daily limit of S$50,000, with the option to apply for higher limits. Deposits under S$200,000 are processed instantly, while larger amounts are settled within two business days.
eDDA direct debit is now available for both WebApp and API customers in Hong Kong. This feature allows you to instantly add HKD/CNY from your verified linked bank accounts in Hong Kong. You can enjoy default daily limits of HK$100,000/100,000 yuan, with the option to apply for higher limits. Deposits are processed 24/7 and settled in real-time.
Israel Global Accounts are now available to all Airwallex customers—unlocking the ability to collect funds in Israeli shekel locally with seamless, fast, and low-cost transfers. You can now instantly create Israel Global Accounts under your business name and receive funds via multiple domestic transfer methods, including Faster Payments, MASAV, and ZAHAV transfers. With settlement times of 0-1 day and transaction limits of up to 1 million Israeli shekel* per Faster Payments or MASAV transfer, this feature makes it easier than ever to receive local payments in Israel.
*Different limits may apply across payer banks
New UK GBP Global Accounts are now issued under Airwallex (UK) Limited, with our own Sort Code and SWIFT BIC, allowing us to maintain these accounts for fewer disruptions. You can now receive GBP funds via Faster Payments, CHAPS, Bacs Direct Credit and SWIFT with a single Global Account, streamlining operations and reducing the need for multiple accounts. Additionally, we’ve extended the rejection window for Bacs direct debit payouts to 39-45 hours (vs. six hours previously), offering more time to reconcile your transactions.
Airwallex now makes it easy to transfer offline B2B sales proceeds into China. Customers can create offline B2B orders and upload multiple supporting documents directly in the WebApp, with risk checks beginning immediately in a simplified and accelerated process. The previous 300,000 yuan order limit has been removed, allowing larger transactions. Prepayment deposits can now be matched up to 100% of the order amount for review, improving the settlement process and cashflow for B2B sellers.
To learn more, check out our Help Centre article.
The Exact Online bank feed integration is live for Airwallex customers in the Netherlands. This integration allows you to seamlessly connect your Airwallex account with Exact Online, one of the most widely used accounting platforms in the Benelux countries. Key benefits include:
Automation: automatic transaction syncing, reducing the need for manual data entry.
Multi-currency support: effortlessly track and reconcile transactions across different currency balances.
Improved financial accuracy: keep your Exact Online records up-to-date with minimal effort.
We’re excited to announce a major expansion of our spend options for customers in Canada and New Zealand.
Canada: Apple Pay, Google Pay, and physical cards are now available for Canadian customers. Employees with Airwallex-issued cards in Canada can add them to Apple Pay and Google Pay for seamless mobile payments. Additionally, Canadian businesses can now issue Airwallex-branded physical cards to their employees for in-person transactions wherever physical cards are accepted.
New Zealand: We’ve introduced physical cards and Google Pay. New Zealand businesses can now issue physical cards to employees, and customers can add their cards to Google Wallet for easy mobile payments.
We’re excited to introduce Vendor Management as part of the Airwallex Spend portfolio, designed to help you save time, prevent fraud, and improve overall spend control. Easily import vendors from your accounting provider, manage their contact and payment details directly within Airwallex, and set up approval workflows for any vendor changes. Plus, track all changes with a complete audit trail for enhanced security.
You can now streamline bill creation with vendor accounting rules that automatically pre-fill details such as Chart of Account or Tax Rate based on the vendor selected, and pay bills faster and more securely using the vendor's saved payment information.
Global Entity Management (GEM) now supports QuickBooks and Custom Accounting integrations, expanding on our previous support for NetSuite and Xero. This update provides even more customers with the ability to manage their financial operations seamlessly across multiple entities. Whether you're a new or existing customer, GEM lets you manage your global finances, users, spend, and more all in one place.
To activate Global Entity Management, contact your customer support representative or account manager.
We’re excited to announce that Discover and Diners Club are now available for businesses in Australia, Europe, Hong Kong, Singapore, and the United Kingdom. This expanded coverage allows your customers to pay using Discover and Diners Club cards, alongside Visa, Mastercard, and other local payment methods.
This addition gives you more payment flexibility, improves the checkout experience, and reduces cart abandonment. Plus, it broadens your global reach with access to 345 million cardholders across 200+ countries. Activate Discover and Diners Club during activation of payments or easily add them from the list of available payment methods.
We’re excited to announce that all of our payment apps now support Shopline Markets, enabling Shopline merchants to set market-specific prices. This enhancement is now live and allows you to better tailor your pricing strategy to different regions. To set up markets and local prices, simply follow the step-by-step guide available here.
With Airwallex’s Automatic Currency Conversion (ACC), you can offer customers the option to pay in their local currency across 130+ currencies – delivering a familiar, frictionless checkout experience that significantly improves conversion. There are no FX fees for you as the merchant; instead, they’re passed on to the customer at checkout. By pricing in local currencies and supporting local payment methods, you reduce cart abandonment, build trust, and drive higher checkout completion rates.
Whether you’re selling through Airwallex’s Hosted Payment Page, Payment Links, Shopify or Shopline Apps, or Xero Invoice Payments, ACC helps you expand your global reach while improving checkout success.
Read more - https://www.airwallex.com/uk/blog/march-release-notes-2025
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