It’s been a busy week for Airwallex, whose members met at the Melbourne Conference and Exhibition centre for the annual Seamless Expo 2017. The event aimed to open up a platform for the exchange of bold ideas and innovation within the payment space, with over 65 presentations and the attendance of the many of the biggest names in the business.
Bambora, Asia Pay, AliPay and LatiPay were among the payment providers in attendance, alongside Australia’s largest banks. Nonetheless, some Airwallex members felt the event was too heavily focussed on small businesses. It was also noted that there were considerably less attendees than the previous years, and that there was less footfall than anticipated.
Michael Stachowiak, our Head of European Expansion, commented:
‘A large majority of the attendees were small businesses looking for bespoke solutions. Airwallex provides payment solutions for a much wider target audience, and is looking for businesses who need large-scale payment solutions too. Nonetheless, we’re looking forward to maximising on the connections made at the event, and anticipate what they might bring for the future.‘
The Airwallex team at the event had a good time mingling with potential partners and customers, discussing common issues with others in the payments community, and potential opportunities with retailers and suppliers.
Joe McGuire, Airwallex's Global Head of Sales and Partnerships, held two key speaking spots both in the exhibition hall and the larger delegate hall. He shared some of Airwallex's insights on the Chinese consumer and how Australian products have a huge appeal to the Chinese market.
Joe McGuire in the delegates hall
The expo comes in line with an exciting period of growth for the company. Airwallex’s new APIs, which enable automated payments and foreign exchange on a large scale, have started their testing period this week and will be business-ready the end of the month.
‘The event provided excellent exposure of Airwallex and our new products.’ Commented our Product Manager, Rylan Dawes.
While Airwallex would have liked to see a greater presence of fintech and payment service providers, it was a useful platform for sparking productive conversations for the future of our business as it enters its most exciting stage yet.