Airwallex is launching a card payment acceptance solution across Europe to help merchants accept payments.
In Brief:
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The solution enables merchants to receive funds from anywhere in the world through Visa and Mastercard.
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Businesses can hold funds in Airwallex accounts in over 15 currencies.
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The single platform now offers merchants an end-to-end service.
What does this mean?
As many businesses expand to overseas customers thanks to an increase in ecommerce, they need to have an efficient way of taking payments from across the globe in various currencies. Airwallex helps them avoid high FX fees.