How Airwallex Streamlined International Payments and Growth
Discover how Airwallex harnessed Rutter’s API technology to expedite global payments, curtail build time, and swiftly venture into new markets, all while maintaining cost-efficiency.
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Marketplace sellers rely on Airwallex’s solutions to ensure they get paid quickly from marketplaces. Regulations and compliance around seller payouts also make it a complex part to manage. Airwallex sought to streamline this data retrieval process but faced challenges due to the differing APIs, documentation, and protocols across platforms. This manual approach was not only difficult but also costly.
A Case Study on Streamlining International Payments and Growth
Identifying the Challenge
Marketplaces around the world rely on Airwallex to power their global payments, and the company needs merchants to provide specific information for regulatory and compliance purposes. Airwallex sought to streamline this data retrieval process but faced challenges due to the differing APIs, documentation, and protocols across platforms. This manual approach was not only difficult but also costly.
The team needed a platform capable of creating these integrations more efficiently while reducing maintenance costs. This is where Rutter came into the picture, offering an abstraction level that allowed easy building and maintenance of various platform integrations.
Selecting Rutter as the go-to provider for integration needs
In their quest for the best solution, Richard and his team assessed various potential partners in API aggregation, IPaaS, and Integration Connectors. Rutter's agility and startup culture, and its technology was robust enough to handle the required volume while maintaining cost efficiency.
Despite no provider having full coverage of all platforms Airwallex needed, Rutter's speed and capacity to build additional platforms were key factors in their choice.
Buy vs Build: Choosing external provider over in-house development
For Airwallex, opting for a vendor like Rutter instead of maintaining in-house integrations allowed Airwallex to focus their attention on other business priorities.
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Looking Forward
With e-commerce being a thin margin and a high cash flow industry, Richard sees the opportunity to launch additional products on top of Rutter's data.
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