Financial Content By Macroaxis
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October release notes: Direct debit, Xero Invoice Payments and Expenses

by: Tilly Michell

In this article

  • New features 🎉

  • Improvements 🎨

  • Upcoming arrivals 🧳

It's a busy time of year, particularly for businesses. So it’s fitting that this month’s releases are all about saving you time. Read on to see how our new improvements can help you get paid faster, cut out admin and manage your finances more efficiently. New features 🎉 Get paid faster with Xero Invoice Payments 🏎️ Our Xero Invoice Payments integration has launched in the UK. Allow your customers to pay you in multiple currencies and through numerous payment methods in a click, and automatically reconcile payments to your Xero invoices. To set Airwallex as your default payment option for Xero invoices, head to the Connections tab in our web app. Improvements 🎨 Pay your bills automatically with direct debit 🧾 Our US customers can now pay for recurring expenses — such as SaaS subscriptions and online adverts — via direct debit, rather than manually paying bills each month. To set up a direct debit, simply provide your account details to your biller. You can also top up your Airwallex wallet from a connected bank account via direct debit, and ensure you never run low on funds. Ready. Set. Expense management! 💳 You can now choose a start date for processing expenses through Airwallex. That means any historical expenses that were in your account prior to your start date which you do not wish to reconcile through Airwallex will be automatically archived, saving you the hassle of achieving manually. Upcoming arrivals 🧳 Next on our roadmap, we’ll be adding multi-layer approvals to our Expenses feature. Want to sign expenses off with more than one team member? You’ll be able to create custom approval workflows in your account. We’ll also be launching direct debit in the UK soon, so watch this space.

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