Airwallex alternatives in South Asia [2027]

Airwallex supports international payments but does not work in certain markets. Get a side-by-side look at five Airwallex alternatives in South Asia

Key takeaways

• Airwallex does not support account opening in Pakistan or Bangladesh, but supports payouts and transfers to recipients in both countries
• WorldFirst offers a multi-currency account for businesses that supports receiving, holding, converting and sending in multiple currencies
• Wise supports personal international transfers in Pakistan and Bangladesh, but Wise Business is not available in these markets
• SadaPay is available in Pakistan to send and receive payments
• Elevate Pay focuses on receiving USD and local withdrawals in Pakistan and Bangladesh
• Payoneer supports international receiving and payments, with fees varying by transaction and withdrawal route

Airwallex is a global payments platform offering multi-currency accounts, international transfers, cards and more.¹ But Airwallex is currently not supported for users in Pakistan and Bangladesh.^2,3,4

If you need a multi-currency account or international payment options, this guide compares five Airwallex alternatives in South Asia. It also explores a multi-currency account, the World Account offered by WorldFirst that supports local account details in 15+ currencies.

Best Airwallex alternatives for South Asian businesses

1. WorldFirst

WorldFirst offers the World Account, a multi-currency account built for receiving, holding, converting and sending international funds. Businesses can access local account details in 15+ currencies and receive international payments from multiple marketplaces and payment platforms. These local receiving accounts give businesses details that they can share with clients. Payments are then received directly into the matching currency balance in the World Account.

The World Account is also linked to a virtual card, the World Card, which can be used for international expenses. Payments made via the multi-currency card in the 15 supported currencies carry no fees, provided sufficient balance is held in that currency. Businesses can issue up to 20 virtual cards at zero issuance cost.

Key features of the World Account 

• Local receiving account details across 15+ currencies including USD, EUR, GBP, AUD and more
• Send payments in multiple currencies across 200+ countries and regions
• Receive funds from 130+ marketplaces and payment gateways including Amazon, Stripe, Etsy and more
• Zero-cost, instant transfers between World Account holders
• World Card supports payments in 150+ currencies and is powered by Mastercard
• World Pay, the authorised international payment provider for 1688.com, can be used for paying suppliers in China
• Xero and NetSuite integrations supported for account reconciliation

→ Learn how to source from 1688.com

*Fees checked in September 2026

2. Wise

Wise provides international money transfers and personal accounts in Pakistan and Bangladesh, but its business account and multi-currency business features are not currently available in these markets.⁵ Users in Pakistan and Bangladesh can use Wise Personal to send transfers but receiving, holding or converting are not currently supported.^6,7 Wise cards are also not supported for personal account users.

*Fees checked in September 2026

→ Go through the full Wise review for Pakistan and Bangladesh businesses to know more

3. SadaPay

SadaPay is a Pakistan-focused digital payment provider.⁹ Its services include local transfers, remittance receipts, bill payments, mobile top-ups and Mastercard payments.⁹

Local inbound and outbound bank transfers can be made at no cost.¹⁰ SadaPay also offers a debit card that can be used to make international payments.¹⁰ SadaPay currently lists a PKR 250 international ATM fee and an international transaction fee at 6%.¹⁰

→ Take a look at the in-depth SadaPay review and the top SadaPay alternatives

*Fees checked in September 2026

4. Elevate Pay

Elevate Pay is an international payments provider that can receive USD payments from international clients and platforms and transfer funds to supported local accounts and wallets.^11,12 In Pakistan, it supports transfers to local banks and mobile financial services, while Bangladesh users can convert USD to BDT and send funds through supported local channels.^11,12

*Fees checked in September 2026

→ Go through the full Elevate Pay review and Elevate Pay alternatives to know more

5. Payoneer

Payoneer is a cross-border payments provider supporting international receiving, sending and withdrawals for businesses and individuals.¹⁴  It covers 190+ countries and territories and 70+ currencies, with receiving options that include 10 local-currency receiving accounts.¹⁴

Payoneer also supports bank transfers, marketplace payouts, invoices and payment links, along with transfers between Payoneer users.¹⁴ Withdrawals involving currency conversion cost 1.2%-4%, depending on the route and account.¹⁵

*Fees checked in September 2026

→ Compare Payoneer vs Elevate Pay side-by-side to know more and check the in-depth Payoneer review for businesses in Pakistan and Bangladesh

Airwallex alternatives: feature and fee comparison

*Fees checked in September 2026

FAQs

1. Is Airwallex available in Pakistan and Bangladesh?

Airwallex is not available for local business registration or account opening in Pakistan and Bangladesh, but businesses can still use it to send payouts to recipients in both countries.^2,3,4

2. Which Airwallex alternative offers zero account opening fees?

WorldFirst and Elevate Pay list zero registration or account-opening fees. WorldFirst also lists zero monthly, receiving and multi-currency holding fees for the World Account.

3. Which Airwallex alternative offers a multi-currency card at no cost?

WorldFirst offers the World Card with zero issuance cost for up to 20 virtual cards. The card supports payments in 150+ currencies, with zero fees when paying in any of the 15 supported currencies when sufficient balance is held in that currency.

Sources

1. https://www.airwallex.com/global
2. https://www.airwallex.com/docs/issuing/supported-regions-and-currencies
3. https://www.airwallex.com/docs/payouts/payout-network/bank-accounts/pakistan
4. https://www.airwallex.com/docs/payouts/payout-network/bank-accounts/bangladesh
5. https://wise.com
6. https://wise.com/us/send-money/send-money-to-pakistan
7. https://wise.com/gb/send-money/send-money-to-bangladesh
8. https://wise.com/bd/pricing/
9. https://sadapay.pk
10. https://sadapay.pk/soc
11. https://www.elevatepay.co/bkash
12. https://www.elevatepay.co/pakistan
13. https://help.elevatepay.co/hc/en-us/articles/18040869186833-How-does-Elevate-Pay-s-pricing-work
14. https://www.payoneer.com/
15. https://www.payoneer.com/about/pricing/

This article is intended for informational purposes only and does not constitute legal advice or professional advice. This article should not be regarded as constituting an offer or a solicitation to buy or sell any regulated or financial products or services. WorldFirst makes no representations or warranties regarding the accuracy, completeness, or applicability of the content, and readers are encouraged to consult with legal professionals or other professionals for advice tailored to their specific situation. WorldFirst does not guarantee the accuracy and completeness of this article and expressly disclaims any and all liability to any person in respect of the consequences of anything done or omitted to be done wholly or partly in reliance on this article.