How do I know what plan is right for me in Australia?
Airwallex will offer several plans to help your business grow at every stage. Each Airwallex plan is curated with products and features depending on your stage of business and how complex your business's finance needs are. You can use this guide to help you decide which of the plans will work for your business.
Please note this only applies for customers whose business is registered in Australia. Plans will go into effect for new customers who sign up starting 12 August 2024. Majority existing customers will be transitioned on 1 October 2024.
Explore
The Explore plan is tailored to small businesses that need an all-in-one business account to receive, manage, and payout funds quickly, both domestically and internationally.
You can sign up in minutes and start collecting funds from customers through transfers, convert funds at interbank FX rates, and payout funds to suppliers and employees through Airwallex’s fast, low-cost payout network. You will also have the opportunity to earn returns on your funds at competitive rates, issue corporate cards to your staff to fund business expenses, and set up online payments to accept card and local payment methods from your customers globally. All transactions and balances sync with your accounting software including Quickbooks and Xero.
Key features of the Explore plan:
- Collect and hold 20+ currencies
- Free transfers to 120+ countries
- Access to interbank FX rates
- Competitive returns on AUD/USD funds with Yield*
- Multi-currency company and employee cards with zero international fees
- Online and card and local payment method acceptance globally
- Bank feeds sync with QuickBooks, Xero, and NetSuite
Grow
The Grow plan supports growing businesses with everything in the Explore plan plus tools to help track and control company spend globally.
With Grow you’ll also have access to Airwallex Spend, a suite of spend management tools including Expense Management to manage card expenses and out-of-pocket employee reimbursements and Bill Pay to manage your accounts payable process. This suite of products will help your finance team and employees cut down on manual tasks with built-in AI automations and reduce the number of tools you need to manage spend globally. Plus you’ll be able to sync all spend data to your accounting software and import bills to pay in Airwallex.
Key features of the Grow plan in addition to Explore:
- Track cards and reimbursements with Expense Management
- Manage domestic and international bills with Bill Pay
- Automated receipt and bill data extraction
- Customisable, multi-layer spend approvals
- Batch bill approvals and payments
- Expenses and Bills sync with Xero and QuickBooks
Accelerate
The Accelerate plan is tailored to larger businesses with advanced finance workflows, providing everything in the Grow plan plus integrations and dedicated account management to support complex finance needs.
With Accelerate, businesses will be able to manage the finances of multiple entities centrally from one dashboard, sync with NetSuite, receive dedicated support during the onboarding phase, and access a dedicated account manager for ongoing needs.
Key features of the Accelerate plan in addition to Grow:
- Central management of finances across multiple entities
- Expenses and Bills sync with NetSuite
- HRIS platform integrations and single sign-on (coming soon)
- Dedicated account manager
- Onboarding support
Custom Plans
Not seeing a plan that fits your needs? We also have custom plans to meet specific uses cases tailored to businesses that:
- Process a high-volume of FX, transfers, spend on cards, or online payments
- Want to use the Airwallex’s API to customise and scale their finance operations and workflows.
- Are interested in leveraging the Airwallex platform to design and launch financial products for their customers through Embedded Finance
Please contact your account manager or submit a request to reach our support team to inquire about custom pricing plans.
*Disclaimer: This information doesn’t take into account your objectives, financial situation, or needs. It is important for you to read the Product Disclosure Statement (PDS) for Airwallex Yield, available from Airwallex Capital Pty Ltd (ACN 661 618 819, AFSL No. 549026) at www.airwallex.com/au/terms and issued by K2 Asset Management Ltd (ABN 95 085 445 094, AFSL No. 244 393), a wholly-owned subsidiary of K2 Asset Management Holdings Ltd. All investments carry risk.