Airwallex vs Wise (US) - 2025 - Complete Overview

Airwallex and Wise Business offer international business accounts that could help you achieve new heights in your business endeavors. So, which option should you go for? In this article, we'll discuss the key features and fees that will help you make your decision.

Looking to hold funds, as well as send and receive global payments?

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Wise Trustpilot Score: Great (200,000+ reviews)¹⁰
No minimum balance requirement and no monthly fees
Free account registration - send money with the mid-market rate

Airwallex vs Wise - Business Account Overview

When it comes to business, Airwallex and Wise both have an international account as the core of their offerings. With Wise, you can hold 40+ currencies, send, and get local account details in global currencies (GBP, EUR, USD, AUD, CAD, JPY, and more) in those same currencies.²

With Airwallex, you can open local currency accounts in 22 currencies, including CAD, AUD, EUR, USD, and GBP.¹ These accounts mean your business can receive, send, and spend funds like a local in specific currencies.

Both platforms also allow you to:

• Connect your account to popular accounting software to simplify bookkeeping processes.
• Issue debit cards for yourself and your employees with no foreign transaction fees.
• Manage invoices in one place and track expenses.
• Accept payments through payment links.

Getting paid from multiple platforms:

After purchasing account details (one-time payment of 31 USD), Wise Business customers can use their account details to receive payments from numerous ecommerce platforms and websites, such as Amazon, Etsy, Ebay, etc.

There are differences, however. Airwallex will soon let you accept payments from a wide range of local and popular payment methods, including Visa, Mastercard, Apple Pay, WeChat Pay, Alipay, iDEAL, Klarna, and more. It can also connect with your ecommerce platform so you can settle sales in the same currency in many cases.³

Looking to hold funds, as well as send and receive global payments?

Try Wise Business >>

Airwallex vs Wise - Costs and Exchange Rate

Both Airwallex and Wise Business have a hold in the industry of international business accounts. Let's take a look at which one might be better for you.

See how much you could pay with Wise Business

Airwallex vs Wise - Additional Features

Other than fees and overall user-friendliness, there are two other main features that will shape your experience. How quickly are transactions processed and received or sent? How easy is the platform to navigate and use? How secure is your money, and how reliable is the service? Let’s find out how each platform fares in these contexts.

Speed

Both Airwallex and Wise can process transfers much faster than traditional providers.

On many routes, Wise can send money as a same-day transfer, within one day, or even instantly – even when the recipient doesn’t have a Wise account.^9,10

You can send funds from your Airwallex Wallet to other Airwallex accounts instantly and send fast payouts to 90+ countries and regions in as little as one business day.⁷ For regular transfers, they typically arrive within 3 to 5 business days, depending on factors like the recipient bank’s location and the payment method.⁸

Convenience

Wise’s convenience lies in its simplicity, with fast, cheap transfers and a simple fee structure. You know exactly what you’re paying and when it’ll go through, and you don’t have to worry about hidden fees. Wise also has great international transfer features like rate notifications, which let you transfer money when the mid-market rate is at its best.¹¹

Airwallex and Wise both have intuitive dashboards that give you an overview of your account and activity on mobile and desktop. Airwallex has a more complex feature set than Wise to some degree, focusing solely on business transactions and dealings. It brings a convenient solution to business users with an ecommerce presence, being able to integrate directly with their existing site.

Save Time and Money On Overseas Payments With Wise Business

Wise Business can help you save big time on international payments.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies.

Signing up to Wise Business allows access to BatchTransfer which you can use to pay up to 1000 invoices in one go. This is perfect for small businesses that are managing a global team, saving a ton of time and hassle when making payments.

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Some key features of Wise Business include:

• Mid-market rate: Get the mid-market exchange rate with no hidden fees on international transfers

• Global Account: Send money to countries and hold balances in multiple currencies, all in one place. You can also get major currency account details for a one-off fee to receive overseas payments like a local

• Access to BatchTransfer: Pay up to 1000 invoices in one click. Save time, money, and stress when you make 1000 payments in one click with BatchTransfer payments. Access to BatchTransfer is free with a Wise Business account

• Auto-conversions: Don't like the current currency exchange rate? Set your desired rate, and Wise sends the transfer the moment the rate is met

• Free invoicing tool: Generate and send professional invoices

• No minimum balance requirements or monthly fees: US-based businesses can open an account for free. Learn more about fees here

Wise Trustpilot Score: Great (200,000+ reviews)¹⁰
No minimum balance requirement and no monthly fees

Sources

1 - Airwallex - Global Accounts
3 - Airwallex - Payment Links Plugins
6 - Airwallex - Pricing
7 - Airwallex - API Payouts
8 - Airwallex - How long should it take for recipients to receive funds