Moss, a B2B spend management solution provider, has partnered with payments and financial platform for businesses, Airwallex, to embed global bank transfers and expand operational capabilities, supporting Moss’ international growth ambitions.
After integrating financial infrastructure from Airwallex, Moss has launched its ‘Pay with Moss’ solution, which initiates global bank transfers directly from Moss’s user interface and enables end-to-end procure to pay and employee reimbursement workflows.
Airwallex’s solutions include accounts for holding funds, enabling card payments and facilitating domestic and global bank transfers. Moss customers are now able to top up their wallets, instruct Moss to transfer funds to suppliers and take advantage of Airwallex’s currency conversion feature to secure favourable foreign exchange rates.
Stephan Haslebacher, COO of Moss, said: “Airwallex has been a game-changer for our customers and us, not least because of its extensive payments coverage, but also its sophisticated embedded finance set-up and customer-oriented flexibility.
“Airwallex’s platform allows us to offer our customers seamlessly integrated and streamlined payments for all business spend while bringing unparalleled flexibility and efficiency to our operations. This has been instrumental in enhancing our capability to manage a diverse range of payments and currency exchanges seamlessly across various markets.”
Bolstering global operations
The partnership comes shortly after Airwallex’s Spend Management Report found that the vast majority of UK finance leaders (95 per cent) are struggling to manage their global spending due to disconnected management tools and manual processes, with 68 per cent reporting using different tools and processes to manage spend across regions.
By collaborating with Airwallex, Moss has enhanced its spend management capabilities, enabling it to provide a more robust and flexible solution to its clients, covering global accounts, attractive foreign exchange (FX) rates and local payouts globally.
Ryan O’Holleran, head of sales, enterprise, EMEA, at Airwallex, said: “Managing payments across several regions is increasingly complex and a challenge that many businesses face. At Airwallex, we have always aimed to simplify money movement by providing flexibility and efficiency for our customers. Partnering with Moss is another step in our journey to transforming the way businesses operate internationally, and we are very excited to see how this will continue to enhance Moss’s operations globally.”
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