Global Payments Disruptor Airwallex Enters Physical Retail Market
Airwallex, the $8 billion fintech, is taking on industry giants like Stripe with its new point-of-sale solution for in-person payments across multiple countries.
Airwallex, the fast-growing fintech startup valued at a staggering $8 billion, is preparing to shake up the payments industry once again. This time, the company is setting its sights on the physical retail space, launching a point-of-sale (POS) product that will allow businesses to accept in-person payments in multiple countries through a single, streamlined platform.
The move marks a significant expansion for Airwallex, which has primarily focused on cross-border payments and financial services for online businesses. By entering the physical payments market, the company is positioning itself as a formidable challenger to industry titans like Stripe, PayPal, and Square, who have traditionally dominated the in-person payments landscape.
{{IMAGE_PLACEHOLDER}}Source: TechCrunch
