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Running a business that crosses borders can feel like you’re pulled from pillar to post. You’re either paying a supplier in euros, covering ad spend in dollars or assigning cards to employees overseas. Traditional corporate cards just can’t keep up.
It’s time to upgrade to one borderless card to rule them all.
Simplify expense management and boost control. Get 10% cashback on employee card spend with Airwallex.
Get startedWith any business, you want to protect your margins and remove any friction from the process. This is why your choice of corporate card is key, particularly if you’re operating on a global level.
Digital, next-gen solutions have shown us that traditional banking options can no longer keep up. Foreign exchange fees, poor exchange rates, limited currencies and a lack of transparency result in delays and eat into your margins. Whereas a borderless card solution removes restrictions and costly barriers to enable true multi-currency payments.
So, what can a borderless card actually do?
It’s a multi-currency card that can be used in different countries. Let’s take a look at Airwallex’s Corporate Card as an example. It can empower your global business by:
A borderless card can bring real, tangible benefits for businesses that want to scale globally. From cost savings to seamless global spending, it can provide the support needed to succeed in the current modern business landscape.
“A borderless card can bring real, tangible benefits for businesses that want to scale globally.”
Cost savings. Off the bat, some of the key benefits of using Airwallex’s Corporate Card are no foreign transaction fees and market-beating exchange rates. Airwallex even allows you to spend directly in 16 currencies, eliminating unnecessary FX fees. You’ll also see more savings as your volume and transaction numbers grow.
Control. Airwallex lets you set precise spend controls and manage spend in local currencies. You can better manage your budgets with a variety of spend limits and a real-time view of employee spend.
Flexibility. You have full flexibility with virtual or physical cards. Virtual cards can be created and assigned instantly, so your employees can start using them online immediately. And they can be assigned to team members around the world, streamlining local and global purchases.
Speed. Your payments to suppliers, partners or contractors can get paid without delays caused by a legacy banking system. You can also automate and manage recurring payments for global subscriptions, suppliers and software tools, making sure nothing gets missed.
Simplify expense management and boost control. Get 10% cashback on employee card spend with Airwallex.
Get startedIn a head-to-head between legacy banks and borderless cards, you can clearly see who wins out in today’s global digital economy.
| Feature | Legacy cards | Borderless cards |
|---|---|---|
| Set up | Lengthy applications and paperwork | Instant sign-up card issuance |
| FX Fees | Higher markups and poor exchange rates | Efficient FX management and competitive real-time rates |
| Flexibility | Single card tied to one account | Manage multiple cards from a centralised dashboard |
| Control | Rigid limits | Tailored spend limits |
| Visibility | Transactions only visible at statement time | Real-time expense tracking and instant notifications |
Today, even the smallest companies think global from day one. Borders no longer define opportunities, but they can still define how much traditional banks charge you in fees.
Legacy cards weren’t designed for the challenges facing businesses today. They’re slow to issue, with hidden FX markups and one-size-fits-all systems.
Whereas solutions like Airwallex allow you to pay and get paid in multiple currencies. Cutting out FX fees and reducing conversion charges are real benefits to a business’s bottom line, while full visibility and flexibility let you stay in control, even if you’re operating across several markets.
Seamlessly manage international business spend with Airwallex.
Empower your team with flexible employee cards, track spending in real time, and save on every transaction. Simplify expense management and boost control. Get 10% cashback on employee card spend.
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