Singapore – March 2019: As global trade becomes a norm in the ecommerce industry, even small businesses have started to expand to new international markets. Oftentimes, figuring out how to enable cross-border payments can be expensive and burdensome. For marketplace owners who are looking to take the leap and expand to make cross-border sales, Arcadier has partnered with Airwallex, a global fintech solutions provider.
Arcadier’s partnership with Airwallex promises to provide marketplace owners with a quick and cost-effective experience when conducting international payments and receiving international funds. Kenneth Low, Arcadier’s Chief Commercial Officer, said, “We are delighted to be able to partner with Airwallex, a disruptor in the international payments space. As the eCommerce sphere evolves, we will see more of our users engage in cross-border transactions where demand is much greater, and they will certainly benefit from this partnership.”
Airwallex, which was recently named by KPMG as one of the top 50 Global Fintech Companies of 2018, offers a suite of integrated solutions for cross-border payments. The Australia-founded company facilitates international money transfers through a combination of payment collection, foreign exchange conversion and local payment distribution in over 130 countries. Their series of APIs allow eCommerce platforms to process international payments, convert funds at the mid-market rate, manage inventory and display prices across multiple currencies in real-time.
Jack Zhang, Founder and CEO at Airwallex said, “Our FX solutions are ideal for Arcadier customers because they connect buyers and sellers, enabling them to move funds quickly and effortlessly between partners, reducing uncertainty and removing manual processing. We offer interbank rates and local payouts, providing an overall seamless user experience."
As part of the partnership, all 8,000+ Arcadier marketplace owners are eligible to receive exclusive benefits on payment transaction fees and deductions on currency conversions during their first 30 days of using Airwallex’s platform. Exact details can be viewed on Arcadier’s Affiliate Partners page.
Airwallex is a growing fintech company that offers integrated solutions for cross-border payments. Airwallex facilitates international money transfers through a combination of payment collection, foreign exchange and local payment distribution. Supported by high profile investors including Tencent, Sequoia, MasterCard, and Square Peg Capital, Airwallex brings extensive experience in the Asia-Pacific to the global multi-currency market.
Arcadier is the world’s fastest growing SaaS (Software-as-a-Service) marketplace builder and is the recognised global leader of multi-vendor marketplace technology. Founded in 2013 in Singapore by senior PayPal executives, Arcadier powers more than 8000 online marketplaces in more than 170 countries. Arcadier enables start-up entrepreneurs, businesses and communities alike to build their own white-labelled marketplaces easily. Arcadier’s platform supports various eCommerce and Sharing Economy marketplace ideas; from retail to professional services and rental of space marketplace types. Arcadier has also recently launched a trade exhibition marketplace product, Exzbit, specifically for the MICE industry.
To learn more about Arcadier Marketplaces or to speak to Arcadier’s founders, contact Evelina Ip at firstname.lastname@example.org, or visit the website at www.arcadier.com