Airwallex, the Australian fintech that has spent a decade quietly building global payments infrastructure, is moving into in-person payments. The move deepens its rivalry with Stripe across the payments stack, and enables the startup to directly aim at Square and Adyen on one of the last major battlegrounds in financial technology.
According to Techcrunch, Airwallex is launching a point-of-sale product that it says does something its rivals’ offerings don’t: allow businesses to accept in-person payments in multiple countries via a single platform, without onboarding local vendors in every market.
The company’s new POS product extends that infrastructure to the physical countertop. Its platform now connects in-store and online payments, and offers unified reporting and direct integrations into back-office systems. For businesses operating across borders, stores in different countries can operate on the same payment systems and reconcile in the same place, without the usual tangle of local vendor relationships.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
