Airwallex has rolled out a billing platform for businesses managing subscriptions, usage-based pricing and cross-border invoicing.
Airwallex Billing is now available to all customers and is built on the company’s global financial infrastructure.
The platform helps businesses manage different revenue models as they expand across markets, including recurring subscriptions, invoice-based payments and usage-based pricing.
It supports real-time metering for companies that charge based on usage, such as AI, infrastructure and API-driven businesses.
This includes pricing models based on tokens, API calls, tasks and outcomes.
Airwallex Billing also includes subscription management tools for recurring billing and automated renewals, which could support SaaS, streaming and entertainment businesses.
For invoice-based businesses such as agencies and law firms, the platform supports global invoicing, more than 160 payment methods and settlement in over 20 currencies.
It also includes automated tax handling across jurisdictions for both business-to-business and business-to-consumer transactions.
The launch comes as companies face more complex revenue operations, from local payment methods and tax requirements to currency conversion and settlement across different markets.
Jack Zhang, Co-founder and CEO of Airwallex, said businesses need to think beyond their business model and consider how revenue is collected, charged, renewed and reconciled as they scale.
“If you keep layering new solutions onto your financial stack, your operations will slow to a crawl,”
he wrote in a blog post announcing the launch.
Airwallex said AI adoption is also pushing more companies towards dynamic and usage-based billing models, including charges based on tokens, API calls, tasks and outcomes.
The platform also uses Airwallex’s account-to-account and bank transfer infrastructure, allowing businesses to settle like-for-like in more than 20 currencies.
The company added that business-to-business customers can use the platform for automatic reconciliation and more predictable invoice settlement.
Consumer-facing companies can also access local payment methods and account-to-account options such as PayTo in Australia and PayNow in Singapore.
Featured image: Edited by Fintech News Singapore, based on image by ismode via Magnific