NEWS
NEWS
Airwallex expands cross-border payment capabilities for Kiwi businesses
Global FinTech leader Airwallex has officially launched in
Aotearoa , marking a significant milestone in its mission to provide businesses with faster , cost-effective and more innovative financial solutions .
As part of its expansion , Airwallex is rolling out several new product offerings tailored to the needs of New Zealand businesses . The company ’ s corporate cards offering will be bolstered with a physical card version to complement the existing virtual option .
These solutions will empower Kiwi companies to manage expenses more efficiently , reducing high transaction fees and improving financial control . In addition , online payments will sit alongside existing FX , global accounts and company and employee cards .
Lowry Gladwell as its Associate Director of New Zealand , the company ’ s first local employee , said : “ With New Zealand businesses increasingly looking for agile , cost-effective financial solutions , irwallex is here to challenge the status quo ,” said Gladwell . “ Our entry into this market represents more than just expansion – it ’ s about providing Kiwi businesses with the tools they need to grow globally without the friction and high costs of traditional banking .”
ChargeAfter teams up with Bread Financial to offer flexible payment options through its embedded lending network
ChargeAfter , the embedded lending platform for point-of-sale financing , has announced it has added Bread Pay pay-over-time financing to its network of lenders . Bread Pay is offered through Bread Financial , a tech-forward financial services company that provides simple , personalised payment , lending and saving solutions . This long-term agreement will enable merchants to offer their customers seamless access to
Bread Pay ’ s suite of long- and short-term financing options through ChargeAfter ’ s platform . Johnson Health Tech is among the first of ChargeAfter ’ s merchant partners to offer Bread Pay through its platform , enabling shoppers to finance purchases of Bowflex , Schwinn Fitness and Horizon Fitness products .
ChargeAfter ’ s waterfall technology enables merchants to deliver instant access to financing choices for customers across the credit spectrum . This is especially crucial for retailers and service providers that sell big-ticket items such as home improvement , electronics , jewellery , furniture , home appliances , healthcare and automotive .
Bread Financial is offered to prime credit customers through the platform , with merchants providing fast and frictionless access to the Bread Pay pay-over-time options at every point of sale .
“ We know that some big-ticket purchases can be an important decision for many consumers , and we ’ re committed to helping merchants offer flexible financing options to customers to make those purchases as seamless and affordable as possible ,” said Rick Cunningham , Senior Vice President of Strategy and Business Development at Bread Financial .
10 www . intelligentfin . tech