Global financial platform Airwallex has introduced Nordic currencies for its issuing customers, marking its first move into the region as it continues to grow its European footprint.
Customers in the European Union can now make card transactions directly in Danish krone, Norwegian krone and Swedish krona, as well as Polish zloty.
When payments are made in these currencies, amounts will be debited directly from multi-currency wallets, eliminating unnecessary foreign exchange conversions and delivering cost savings.
The addition of local currencies comes in response to strong demand from EU customers for local currency support.
The launch highlights Airwallex’s interest in the Nordic market while aligning with its wider expansion plans across Europe and the Middle East.
Or Liban, Vice President, Benelux & Middle East at Airwallex, said,
“Enabling Nordic currencies for our issuing customers addresses one of the most frequent requests from our European customers.
By enabling direct billing in Nordic currencies, we’re removing friction, reducing costs and making our product more local and relevant for businesses operating in the region and wanting to operate globally.”
Featured image: Edited by Fintech News Singapore, based on image by ilygraphic via Freepik
