Airwallex, a global financial platform co-headquartered in Singapore, has unveiled Airwallex Billing, a new solution aimed at helping businesses manage their entire revenue lifecycle on a single platform. This launch addresses the challenges faced by companies as they expand globally, including fragmented tools and complex global tax requirements.
Airwallex Billing is designed to cater to the evolving needs of businesses in the AI economy, offering real-time metering for usage-based billing. This feature allows AI and cloud businesses to test various pricing strategies, such as pay-as-you-go models. Additionally, the platform automates subscription management, handling recurring billing and renewals seamlessly for SaaS and subscription-based businesses.
The solution also aims to protect business margins by utilising Airwallex’s unique account-to-account and bank transfer infrastructure, potentially safeguarding up to 3% in margin. Furthermore, it facilitates global settlements in over 20 currencies and provides access to more than 160 local payment methods, including regional options like PayNow in Singapore.
Jack Zhang, Co-Founder and CEO of Airwallex, emphasised the importance of treating revenue operations as a strategic decision. He noted that “AI-driven pricing volatility will punish rigid, fragmented billing systems,” highlighting the need for adaptable solutions.
Airwallex Billing is built on the company’s regulated global infrastructure, offering functionality and customisation for startups and global enterprises alike. By providing a single platform for revenue optimisation, Airwallex aims to support businesses as they navigate the complexities of global commerce.
