Airwallex and Woo Partner to Simplify Cross-Border Payments for Global Merchantsby Fintech News Singapore December 14, 2023
Global payments firm Airwallex has partnered with Woo, an open-source ecommerce platform on WordPress, to offer a new payment option for the latter’s merchants.
This partnership aims to simplify cross-border commerce for global merchants without the high foreign exchange conversion fees.
This integration with Airwallex equips Woo merchants with the capability to seamlessly accept cross-border payments. This includes global cards, Apple Pay, Google Pay, and over 60 local payment methods at checkout. This feature opens up opportunities for Woo merchants to access a broader international customer base.
Woo currently powers over 3.5 million ecommerce stores globally, and the Airwallex extension is now available on its official marketplace, providing a convenient solution for merchants looking to expand their reach.
This partnership announcement follows a series of global collaborations by Airwallex, including partnerships with Brex, Shopify, OurCrowd, and Public among others.
Ravi Adusumilli, SVP, Strategic Partnerships & EGM, Americas at Airwallex said,
“We are delighted to collaborate with Woo, the premier ecommerce platform serving millions of merchants worldwide, to address this challenge on a larger scale. By eliminating friction and reducing fees and delays associated with cross-border payments, we enhance the shopping experience and foster stronger relationships between Woo, its merchants, and their customers.”
Web Griebel, Head of Payment Partnerships at Woo said,
“Woo is dedicated to offering merchants the tools they need to launch and sustain their stores over the long term. With the ability to instantly accept payments from customers worldwide, Woo merchants can expedite their international expansion plans. Airwallex’s cross-border payment capabilities will further bolster and accelerate the growth of our existing and future merchants.”
Featured image credit: edited from freepik