Airwallex in a bank feed integration with NetSuite

  • By Zilla Efrat

Global payments platform Airwallex has announced a new bank feed integration with accounting software NetSuite, developed in partnership with Onlineone, a NetSuite solution partner.

From yesterday, Airwallex's customers in Australia, Hong Kong, Europe, the Middle East, Africa and the United States were able to automatically synchronise transactions in their NetSuite accounts for the latest view of their financial position in a single platform.

By eliminating the need for manual data entry, Airwallex says customers can enjoy easier, faster and more accurate reconciliation of business expenses.

Airwallex successfully trialled the integration with a group of businesses earlier this year before yesterday's launch.

This latest integration follows a string of other major partnerships that Airwallex has inked with some of the biggest brands in the world.

Earlier this year, the global payments platform announced that it had been selected by Qantas Loyalty to power its new and upcoming financial services offering, Qantas Business Money.

More recently, Airwallex partnered with UK-based investment app Plum to support the launch of its new US investing product.