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Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world

Airwallex, an $8 billion fintech company, is expanding into physical payments with a new point-of-sale product that enables businesses to accept in-person transactions across multiple countries through a unified platform. This move positions it as a direct competitor to established players like Stripe in the omnichannel payments space. The launch represents a significant strategic expansion beyond its core cross-border digital payment services.

Background

Airwallex is a major fintech unicorn focused on cross-border payments for digital businesses, while Stripe dominates the online payments infrastructure market. The physical payments space has traditionally been fragmented across different regions and systems.

Source
TechCrunch
Published
Apr 16, 2026 at 12:00 AM
Score
6.0 / 10