Expanding into new markets can be a daunting prospect for ecommerce merchants, often requiring the establishment of separate banking relationships and the manual processing of cross-border transactions. However, a new partnership between Viably and Airwallex aims to revolutionize the way merchants manage their global financial operations, offering a comprehensive solution that simplifies the complexities of international expansion.
Empowering Ecommerce Sellers to Conquer the Global Marketplace
Seamless Cross-Border Payments and Forex Conversion
For merchants looking to expand their reach beyond their domestic markets, the partnership between Viably and Airwallex provides a game-changing solution. By eliminating the need to establish separate banking relationships in each jurisdiction, the platform streamlines the process of conducting cross-border transactions. The automated forex conversion functionality further simplifies the handling of multiple currencies, removing the manual processing that often accompanies international payments.This innovative approach not only saves merchants time and resources but also enhances their operational efficiency. Al Perel, the proprietor of online retailer 2SeeLife, attests to the measurable improvements in his business: "The ability to handle multiple currencies effortlessly in one place has freed us from the complexities of cross-border payments. With everything from global banking to cash flow management integrated into a single platform, we no longer need multiple systems to manage our finances."Comprehensive Financial Management Tools
The partnership between Viably and Airwallex extends beyond just cross-border payments, offering merchants a comprehensive suite of financial management tools. The platform's working capital management tools enable merchants to monitor their available funds, while the automated reconciliation systems streamline the matching of transactions. Additionally, the analytics software provides valuable insights into the profitability of their operations, empowering merchants to make informed decisions.By aggregating financial data from various sources, the platform generates cash flow projections and performance metrics, giving merchants a holistic view of their financial health. This level of visibility and control over their finances allows ecommerce sellers to make more strategic decisions, optimize their operations, and ultimately, drive growth in their global ventures.Empowering Ecommerce Sellers to Tap into International Markets
The partnership between Viably and Airwallex marks a significant expansion of both companies' capabilities in the global ecommerce sector. Doron Gordon, the Founder and CEO of Viably, frames the collaboration as a direct response to the evolving needs of merchants: "Airwallex's technology coupled with Viably's ecommerce solutions empower ecommerce sellers to tap into international markets with the assurance that their financial needs are managed seamlessly."This sentiment is echoed by Or Liban, who leads Airwallex's operations across Israel and the Middle East: "With our cross-border payments and financial infrastructure, Viably now provides a one-stop shop for financial operations." By integrating Airwallex's cutting-edge financial technology with Viably's ecommerce expertise, the partnership offers merchants a comprehensive solution that simplifies the complexities of global expansion.As ecommerce continues to transcend geographical boundaries, the collaboration between Viably and Airwallex stands as a testament to the industry's commitment to empowering merchants to conquer the global marketplace. By streamlining cross-border payments, automating financial management, and providing a centralized platform for all their financial needs, the partnership equips ecommerce sellers with the tools and confidence to expand their businesses beyond their domestic borders.