Compare

Airwallex vs Rapyd

Of the 170 countries we track, Airwallex onboards businesses in 52 and Rapyd in 62. Both serve businesses in 48.

Only Airwallex · 4

🇨🇦 Canada 🇨🇳 China 🇨🇷 Costa Rica 🇫🇯 Fiji

Only Rapyd · 14

🇦🇷 Argentina 🇨🇴 Colombia 🇨🇱 Chile 🇵🇪 Peru 🇹🇷 Turkey 🇿🇦 South Africa 🇩🇴 Dominican Republic 🇸🇻 El Salvador 🇵🇦 Panama 🇧🇦 Bosnia and Herzegovina 🇬🇪 Georgia 🇲🇩 Moldova 🇲🇪 Montenegro 🇲🇰 North Macedonia

Side by side

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Pick up to 4.

For a business registered in

Onboards businesses in United States

Airwallex

Available

Rapyd

Available

Accept payments

Airwallex

Online payments with cards and 160+ local methods, settled into multiple currencies.

Rapyd

Online card acquiring and local payment methods (cards, wallets, bank transfers, stablecoins, cash vouchers) through an API, hosted checkout, payment links and plugins, with subscriptions. Rapyd says customers can pay from 190+ markets in 150+ currencies.

Pay people abroad

Airwallex

Transfers to 150+ countries, often over local bank rails.

Rapyd

Rapyd Disburse sends single and mass payouts by bank transfer, real-time payment networks, card payouts (Visa Direct, Mastercard Send), stablecoins and third-party wallets. Rapyd states 190+ countries and 120+ currencies.

Multi-currency account

Airwallex

Global Accounts give you local bank details in 20+ currencies, so you get paid like a local business.

Rapyd

Every Rapyd client gets a Rapyd Wallet: a multi-currency balance with fiat and stablecoin support, sub-accounts, and virtual account numbers (vIBANs and local formats) for receiving transfers. Rapyd also documents a separate Rapyd Business Account for Hong Kong businesses (HKD, USD, EUR and GBP balances; HK, UK and Europe receiving accounts).

Business cards

Airwallex

Multi-currency corporate cards with spend controls.

Rapyd

Rapyd Issuing creates pre-funded physical and virtual cards drawn on a Rapyd Wallet, with spending limits and merchant restrictions. Issuing is offered in specific countries only, confirmed with sales; Rapyd cites 10+ markets.

Stablecoins

Airwallex

Not offered

Rapyd

Since 9 September 2025, businesses can accept stablecoin payments (converted to fiat), settle in stablecoins or fiat, and pay out in stablecoins. Rapyd says this runs through regulated third-party partners and that it does not itself issue, custody or directly process crypto assets. Supported coins are not named.

Yield on idle cash

Airwallex

Airwallex Yield invests idle balances in AAA-rated J.P. Morgan money market funds. Airwallex says it is not a savings or deposit product, and returns are variable.

Rapyd

Not offered

Yield on idle cash

A return on money you are not using. How safe it is depends on where the return comes from, not on how high the rate is.

Where the return comes from

Airwallex

Low risk, not insuredMoney market fund

Rapyd

No yield offered

Is the money protected?

Airwallex

Not a deposit and not insured. The fund holds short-term government debt and aims to keep its value stable, but that is not guaranteed. Broker protection (SIPC in the US) covers the broker failing, not investment losses.

Rapyd

–

Does the rate change?

Airwallex

Floats daily with central bank rates, so it falls when rates are cut.Last seen: About 3.6–3.7% on USD in 2026, depending on plan

Rapyd

–

Fees

Published prices only, with the date we read them. Many providers negotiate prices instead.

How pricing works

Airwallex

Airwallex publishes plan and transaction prices per country. US: domestic cards 2.80% + $0.30, international cards 4.30% + $0.30, FX 0.5% above interbank for major currencies (1% others), SWIFT $15-$25. UK: 1.30% + £0.20 UK cards, 2.40% + £0.20 EEA cards, 3.15% + £0.20 international. Platform/embedded use is custom-priced.

Rapyd

Not yet researched

Published prices

Airwallex

Domestic cards (US): 2.80% + $0.30International cards (US): 4.30% + $0.30FX conversion (US): 0.5% above interbank rates for major currencies; 1% for all other currenciesTransfers (US): Domestic USD and CAD transfers free; SWIFT $15-$25 per transferPlans (US): Explore $0 per user/month; Grow $12 per user/month plus a platform fee based on team size; Accelerate customPlatform API / embedded finance (all): Custom pricing (contact sales)

Rapyd

–

What you can sell

From each provider’s acceptable use policy. “Restricted” means allowed only with approval or conditions, or banned for part of the category.

Software and digital goods

Airwallex

Not stated

Rapyd

Not yet researched

Crypto

Airwallex

RestrictedCryptocurrencies, crypto-assets, NFTs, ICOs, stablecoins and tokenised real-world assets need Airwallex's approval.

Rapyd

Not yet researched

Lending and financial services

Airwallex

RestrictedDeposit-taking, lending, BNPL, money transfer and currency exchange, payment instruments and securities/FX trading need approval. Payday and predatory lending and unlicensed regulated financial services are prohibited.

Rapyd

Not yet researched

Gambling

Airwallex

RestrictedCasinos, lotteries and online gambling need approval. Gambling that is illegal or offered without permits or licences is prohibited.

Rapyd

Not yet researched

Adult content

Airwallex

Not allowedAdult content and related services (pornography, escort and prostitution services, advertising of sexual services) are prohibited.

Rapyd

Not yet researched

Dating

Airwallex

RestrictedMatchmaking or dating services need approval.

Rapyd

Not yet researched

Firearms and weapons

Airwallex

Not allowedWeapons manufacturing, sales and supplies, including firearms and their components, are prohibited.

Rapyd

Not yet researched

Cannabis and CBD

Airwallex

RestrictedMarijuana, THC and CBD products need Airwallex's approval.

Rapyd

Not yet researched

Supplements

Airwallex

RestrictedPharmaceuticals and nutraceuticals (including sexual enhancement and weight-loss products) need approval.

Rapyd

Not yet researched

Pharmacy and telemedicine

Airwallex

RestrictedPharmaceuticals (including prescription medication) and regulated medical devices and services need approval.

Rapyd

Not yet researched

Travel

Airwallex

RestrictedTravel-related arrangement services and other delayed-delivery merchants need approval.

Rapyd

Not yet researched

Multi-level marketing

Airwallex

Not allowedPonzi schemes, pyramid schemes, multi-level marketing and telemarketing are prohibited.

Rapyd

Not yet researched

Free-trial subscriptions

Airwallex

RestrictedNegative option billing clients need approval.

Rapyd

Not yet researched

Platform & marketplace

Run payments for other businesses: sign them up, take a cut, pay them out.

Sub-accounts for your users

Airwallex

YesConnected accounts for businesses and individuals, through hosted onboarding, embedded components or the native API.

Rapyd

YesPartners create merchant organisations and submit KYB applications, including sub-merchant applications, through the partner onboarding API. Merchants who use Rapyd through a marketplace complete Rapyd's own KYB through a hosted page.

Split payments and platform fees

Airwallex

YesCollect payments on behalf of connected accounts and take a platform fee.

Rapyd

YesThe marketplace solution splits payments by predefined rules; the seller's share lands in a sub-account.

Embeddable UI

Airwallex

YesEmbedded components for onboarding and account features.

Rapyd

PartlyRapyd offers hosted pages (identity verification, virtual card display, hosted checkout) and markets white-label checkout and payouts. Embeddable onboarding components were not found.

Pay out to your users

Airwallex

YesTransfers to 150+ countries, often over local rails.

Rapyd

YesDisburse supports B2B, B2C and C2C payouts to bank accounts, cards, RTP networks, wallets and stablecoins.

Embedded finance for your users

Give your users financial products under your brand.

Accounts that hold money

Airwallex

YesEach connected account can get multi-currency wallets and local account numbers.

Rapyd

YesPlatforms issue wallets to consumers and businesses; each wallet can have several virtual account numbers.

Cards for your users

Airwallex

YesIssuing APIs for connected accounts’ cardholders, with secure card-display iframes.

Rapyd

YesCards are funded by a Rapyd Wallet and linked to a wallet contact; issuing countries are confirmed with sales.

Financing for your users

Airwallex

Not confirmedNot confirmed.

Rapyd

Not confirmedNo lending product found. The Wallet FAQ says the infrastructure enables 'fintech capabilities like lending', but no lending product or terms were found.

Consumer apps

Build for individuals, not just businesses, the way Bridge allows.

End users can be individuals

Airwallex

PartlyPlatforms can create connected accounts for individuals. Card issuing and third-party payouts need full KYC.

Rapyd

YesWallets of type 'person' are for individual consumers, and Rapyd offers a hosted KYC page for wallet contacts.

Consumer wallets or accounts

Airwallex

PartlyWallets on connected accounts can belong to individuals.

Rapyd

YesPlatforms can create personal wallets for their customers.

Consumer cards

Airwallex

Not confirmedPublic materials describe business card programs.

Rapyd

YesRapyd's docs describe Issuing as issuing cards to consumers and businesses. Issuing countries are confirmed with sales.

Stablecoins

Dollar-backed tokens as a payment and treasury rail.

Accept stablecoins

Airwallex

NoNo stablecoin product found in public materials.

Rapyd

YesAccept stablecoin payments and convert to fiat, or settle in stablecoin (since 9 Sep 2025, through third-party partners).

Hold stablecoin balances

Airwallex

NoNo stablecoin product found in public materials.

Rapyd

YesRapyd says the Wallet natively supports stablecoins and that businesses can settle in stablecoins. Rapyd itself does not custody crypto; partners provide this.

Pay out in stablecoins

Airwallex

NoNo stablecoin product found in public materials.

Rapyd

YesStablecoin payouts are listed as a Disburse rail.

Issue your own stablecoin

Airwallex

NoNo stablecoin product found in public materials.

Rapyd

NoRapyd states it does not itself issue crypto assets; no branded-stablecoin product was found.

Regulatory risk in United States

Airwallex

No stablecoin products

Rapyd

Low risk

AI agents

Build with AI tools, and let AI agents shop and pay.

Official MCP server

Airwallex

YesAgentOS includes production, sandbox and docs MCP servers plus a CLI. Every money-out action needs a human to confirm it.

Rapyd

Not confirmedNot found in public materials (Rapyd docs navigation and a web search, Oct 2026).

Checkout for AI agents

Airwallex

Not confirmedNo agent checkout protocol support confirmed.

Rapyd

Not confirmedNot found in public materials.

Cards for AI agents

Airwallex

PartlyAgentOS includes a card provisioning workflow, with human confirmation before money moves.

Rapyd

Not confirmedNot found in public materials.

Working with them

How easy it is to get started.

Self-serve signup

Airwallex

YesSign up online; platform products are sales-assisted.

Rapyd

Not confirmedNot researched yet.

Published pricing

Airwallex

YesPricing pages by country.

Rapyd

Not confirmedNot researched yet.

Public API and sandbox

Airwallex

YesPublic API and sandbox.

Rapyd

Not confirmedNot researched yet.

Coming soon

Announced but not launched. These are plans, not products you can sign up for today: timing often slips, and some never ship.

Announced, not yet live

Airwallex

AnnouncedAccounts and acquiring for Korean businessesExpected by the end of 2026

AnnouncedLater than expectedFull local service for Brazilian businessesExpected by the end of 2025, not launched yet

Details and sources →

Rapyd

Nothing announced

In short

Countries onboarded

Airwallex

52 of 170

Rapyd

62 of 170

Designed for

Airwallex

Businesses that collect in one currency and spend in another, without opening bank accounts abroad.

Rapyd

Businesses domiciled in a Rapyd-listed country that want card acquiring, local payment methods, payouts and a multi-currency wallet from one API.

Limitations

Airwallex

Which products you get depends on the country your business is registered in.

Rapyd

Rapyd's own merchant-location lists disagree for about a dozen countries, and card pricing outside a few Latin American markets is quoted rather than published.

	Airwallex Global account	Rapyd Payment processor
Onboards businesses in United States	Available	Available
Accept payments	Online payments with cards and 160+ local methods, settled into multiple currencies.	Online card acquiring and local payment methods (cards, wallets, bank transfers, stablecoins, cash vouchers) through an API, hosted checkout, payment links and plugins, with subscriptions. Rapyd says customers can pay from 190+ markets in 150+ currencies.
Pay people abroad	Transfers to 150+ countries, often over local bank rails.	Rapyd Disburse sends single and mass payouts by bank transfer, real-time payment networks, card payouts (Visa Direct, Mastercard Send), stablecoins and third-party wallets. Rapyd states 190+ countries and 120+ currencies.
Multi-currency account	Global Accounts give you local bank details in 20+ currencies, so you get paid like a local business.	Every Rapyd client gets a Rapyd Wallet: a multi-currency balance with fiat and stablecoin support, sub-accounts, and virtual account numbers (vIBANs and local formats) for receiving transfers. Rapyd also documents a separate Rapyd Business Account for Hong Kong businesses (HKD, USD, EUR and GBP balances; HK, UK and Europe receiving accounts).
Business cards	Multi-currency corporate cards with spend controls.	Rapyd Issuing creates pre-funded physical and virtual cards drawn on a Rapyd Wallet, with spending limits and merchant restrictions. Issuing is offered in specific countries only, confirmed with sales; Rapyd cites 10+ markets.
Stablecoins	Not offered	Since 9 September 2025, businesses can accept stablecoin payments (converted to fiat), settle in stablecoins or fiat, and pay out in stablecoins. Rapyd says this runs through regulated third-party partners and that it does not itself issue, custody or directly process crypto assets. Supported coins are not named.
Yield on idle cash	Airwallex Yield invests idle balances in AAA-rated J.P. Morgan money market funds. Airwallex says it is not a savings or deposit product, and returns are variable.	Not offered
Yield on idle cashA return on money you are not using. How safe it is depends on where the return comes from, not on how high the rate is.
Where the return comes from	Low risk, not insuredMoney market fund	No yield offered
Is the money protected?	Not a deposit and not insured. The fund holds short-term government debt and aims to keep its value stable, but that is not guaranteed. Broker protection (SIPC in the US) covers the broker failing, not investment losses.	–
Does the rate change?	Floats daily with central bank rates, so it falls when rates are cut.Last seen: About 3.6–3.7% on USD in 2026, depending on plan	–
FeesPublished prices only, with the date we read them. Many providers negotiate prices instead.
How pricing works	Airwallex publishes plan and transaction prices per country. US: domestic cards 2.80% + $0.30, international cards 4.30% + $0.30, FX 0.5% above interbank for major currencies (1% others), SWIFT $15-$25. UK: 1.30% + £0.20 UK cards, 2.40% + £0.20 EEA cards, 3.15% + £0.20 international. Platform/embedded use is custom-priced.	Not yet researched
Published prices	Domestic cards (US): 2.80% + $0.30International cards (US): 4.30% + $0.30FX conversion (US): 0.5% above interbank rates for major currencies; 1% for all other currenciesTransfers (US): Domestic USD and CAD transfers free; SWIFT $15-$25 per transferPlans (US): Explore $0 per user/month; Grow $12 per user/month plus a platform fee based on team size; Accelerate customPlatform API / embedded finance (all): Custom pricing (contact sales)	–
What you can sellFrom each provider’s acceptable use policy. “Restricted” means allowed only with approval or conditions, or banned for part of the category.
Software and digital goods	Not stated	Not yet researched
Crypto	RestrictedCryptocurrencies, crypto-assets, NFTs, ICOs, stablecoins and tokenised real-world assets need Airwallex's approval.	Not yet researched
Lending and financial services	RestrictedDeposit-taking, lending, BNPL, money transfer and currency exchange, payment instruments and securities/FX trading need approval. Payday and predatory lending and unlicensed regulated financial services are prohibited.	Not yet researched
Gambling	RestrictedCasinos, lotteries and online gambling need approval. Gambling that is illegal or offered without permits or licences is prohibited.	Not yet researched
Adult content	Not allowedAdult content and related services (pornography, escort and prostitution services, advertising of sexual services) are prohibited.	Not yet researched
Dating	RestrictedMatchmaking or dating services need approval.	Not yet researched
Firearms and weapons	Not allowedWeapons manufacturing, sales and supplies, including firearms and their components, are prohibited.	Not yet researched
Cannabis and CBD	RestrictedMarijuana, THC and CBD products need Airwallex's approval.	Not yet researched
Supplements	RestrictedPharmaceuticals and nutraceuticals (including sexual enhancement and weight-loss products) need approval.	Not yet researched
Pharmacy and telemedicine	RestrictedPharmaceuticals (including prescription medication) and regulated medical devices and services need approval.	Not yet researched
Travel	RestrictedTravel-related arrangement services and other delayed-delivery merchants need approval.	Not yet researched
Multi-level marketing	Not allowedPonzi schemes, pyramid schemes, multi-level marketing and telemarketing are prohibited.	Not yet researched
Free-trial subscriptions	RestrictedNegative option billing clients need approval.	Not yet researched
Platform & marketplaceRun payments for other businesses: sign them up, take a cut, pay them out.
Sub-accounts for your users	YesConnected accounts for businesses and individuals, through hosted onboarding, embedded components or the native API.	YesPartners create merchant organisations and submit KYB applications, including sub-merchant applications, through the partner onboarding API. Merchants who use Rapyd through a marketplace complete Rapyd's own KYB through a hosted page.
Split payments and platform fees	YesCollect payments on behalf of connected accounts and take a platform fee.	YesThe marketplace solution splits payments by predefined rules; the seller's share lands in a sub-account.
Embeddable UI	YesEmbedded components for onboarding and account features.	PartlyRapyd offers hosted pages (identity verification, virtual card display, hosted checkout) and markets white-label checkout and payouts. Embeddable onboarding components were not found.
Pay out to your users	YesTransfers to 150+ countries, often over local rails.	YesDisburse supports B2B, B2C and C2C payouts to bank accounts, cards, RTP networks, wallets and stablecoins.
Embedded finance for your usersGive your users financial products under your brand.
Accounts that hold money	YesEach connected account can get multi-currency wallets and local account numbers.	YesPlatforms issue wallets to consumers and businesses; each wallet can have several virtual account numbers.
Cards for your users	YesIssuing APIs for connected accounts’ cardholders, with secure card-display iframes.	YesCards are funded by a Rapyd Wallet and linked to a wallet contact; issuing countries are confirmed with sales.
Financing for your users	Not confirmedNot confirmed.	Not confirmedNo lending product found. The Wallet FAQ says the infrastructure enables 'fintech capabilities like lending', but no lending product or terms were found.
Consumer appsBuild for individuals, not just businesses, the way Bridge allows.
End users can be individuals	PartlyPlatforms can create connected accounts for individuals. Card issuing and third-party payouts need full KYC.	YesWallets of type 'person' are for individual consumers, and Rapyd offers a hosted KYC page for wallet contacts.
Consumer wallets or accounts	PartlyWallets on connected accounts can belong to individuals.	YesPlatforms can create personal wallets for their customers.
Consumer cards	Not confirmedPublic materials describe business card programs.	YesRapyd's docs describe Issuing as issuing cards to consumers and businesses. Issuing countries are confirmed with sales.
StablecoinsDollar-backed tokens as a payment and treasury rail.
Accept stablecoins	NoNo stablecoin product found in public materials.	YesAccept stablecoin payments and convert to fiat, or settle in stablecoin (since 9 Sep 2025, through third-party partners).
Hold stablecoin balances	NoNo stablecoin product found in public materials.	YesRapyd says the Wallet natively supports stablecoins and that businesses can settle in stablecoins. Rapyd itself does not custody crypto; partners provide this.
Pay out in stablecoins	NoNo stablecoin product found in public materials.	YesStablecoin payouts are listed as a Disburse rail.
Issue your own stablecoin	NoNo stablecoin product found in public materials.	NoRapyd states it does not itself issue crypto assets; no branded-stablecoin product was found.
Regulatory risk in United States	No stablecoin products	Low risk
AI agentsBuild with AI tools, and let AI agents shop and pay.
Official MCP server	YesAgentOS includes production, sandbox and docs MCP servers plus a CLI. Every money-out action needs a human to confirm it.	Not confirmedNot found in public materials (Rapyd docs navigation and a web search, Oct 2026).
Checkout for AI agents	Not confirmedNo agent checkout protocol support confirmed.	Not confirmedNot found in public materials.
Cards for AI agents	PartlyAgentOS includes a card provisioning workflow, with human confirmation before money moves.	Not confirmedNot found in public materials.
Working with themHow easy it is to get started.
Self-serve signup	YesSign up online; platform products are sales-assisted.	Not confirmedNot researched yet.
Published pricing	YesPricing pages by country.	Not confirmedNot researched yet.
Public API and sandbox	YesPublic API and sandbox.	Not confirmedNot researched yet.
Coming soonAnnounced but not launched. These are plans, not products you can sign up for today: timing often slips, and some never ship.
Announced, not yet live	AnnouncedAccounts and acquiring for Korean businessesExpected by the end of 2026 AnnouncedLater than expectedFull local service for Brazilian businessesExpected by the end of 2025, not launched yet Details and sources →	Nothing announced
In short
Countries onboarded	52 of 170	62 of 170
Designed for	Businesses that collect in one currency and spend in another, without opening bank accounts abroad.	Businesses domiciled in a Rapyd-listed country that want card acquiring, local payment methods, payouts and a multi-currency wallet from one API.
Limitations	Which products you get depends on the country your business is registered in.	Rapyd's own merchant-location lists disagree for about a dozen countries, and card pricing outside a few Latin American markets is quoted rather than published.

Common questions

Is Airwallex or Rapyd available in more countries?

Rapyd. Of the 170 countries we track, Airwallex onboards businesses in 52 and Rapyd in 62. Both serve businesses in 48. Only Airwallex: Canada, China, Costa Rica and Fiji. Only Rapyd: Argentina, Colombia, Chile, Peru, Turkey, South Africa, Dominican Republic, El Salvador, Panama, Bosnia and Herzegovina, Georgia, Moldova and 2 more.

What do Airwallex and Rapyd offer?

Accept payments: Airwallex yes, Rapyd yes. Pay people abroad: Airwallex yes, Rapyd yes. Multi-currency account: Airwallex yes, Rapyd yes. Business cards: Airwallex yes, Rapyd yes. Stablecoins: Airwallex no, Rapyd yes. Yield on idle cash: Airwallex yes, Rapyd no.

How do Airwallex and Rapyd differ for platforms and embedded finance?

Embeddable UI: Airwallex yes, Rapyd partly. End users can be individuals: Airwallex partly, Rapyd yes. Consumer wallets or accounts: Airwallex partly, Rapyd yes. Consumer cards: Airwallex not confirmed, Rapyd yes. Accept stablecoins: Airwallex no, Rapyd yes. Hold stablecoin balances: Airwallex no, Rapyd yes. Pay out in stablecoins: Airwallex no, Rapyd yes. Official MCP server: Airwallex yes, Rapyd not confirmed. Cards for AI agents: Airwallex partly, Rapyd not confirmed.

Who is Airwallex designed for?

Businesses that collect in one currency and spend in another, without opening bank accounts abroad. Limitations: Which products you get depends on the country your business is registered in.

Who is Rapyd designed for?

Businesses domiciled in a Rapyd-listed country that want card acquiring, local payment methods, payouts and a multi-currency wallet from one API. Limitations: Rapyd's own merchant-location lists disagree for about a dozen countries, and card pricing outside a few Latin American markets is quoted rather than published.