Airwallex Launches Onsite Local Payment Methods for Shopify to Slash Cart Abandonment

Quick Summary

Airwallex has launched Airwallex Additional Payments, a native integration for Shopify that allows merchants to offer over 80 local payment methods directly within the checkout. By eliminating off-site redirects, the solution addresses the 70% cart abandonment rate and helps global e-commerce businesses boost conversion rates through a seamless user experience.

How Does Airwallex Additional Payments Reduce Cart Abandonment?

Airwallex Additional Payments solves the friction of off-site redirects by embedding local payment options directly into the Shopify checkout flow. Research indicates that 18% of shoppers abandon carts because of complicated checkout processes, and this integration ensures customers never leave the merchant's site to complete a transaction. By keeping the shopper journey native, merchants can maintain trust and reduce the perceived length of the transaction.

• Access to 80+ payment methods including WeChat Pay, GrabPay, and BLIK.
• Elimination of third-party provider pages that break the purchasing flow.
• Automatic display of regionally relevant methods based on shopper location.

What Results Can Shopify Merchants Expect?

By optimizing the checkout UX with Airwallex Additional Payments, large-scale e-commerce sites can potentially see a 35% conversion lift. The system supports 20+ settlement currencies, allowing businesses to avoid forced currency conversions that eat into margins. Furthermore, the integration includes real-time fraud screening and full 3D Secure support to ensure that increased speed does not come at the cost of security.

• Like-for-like settlement in over 20 global currencies.
• Zero custom development required via the Shopify App Store.
• Real-time fraud protection backed by advanced AI engines.

How Does This Support Global E-commerce Expansion?

Expanding into new markets requires providing the local payment methods that consumers recognize and trust, such as KakaoPay in Korea or TWINT in Switzerland. Airwallex Additional Payments automates this localization, showing only the methods relevant to the shopper's specific country and currency. This hyper-localized checkout experience is critical for brands looking to scale internationally without managing multiple disparate payment gateways or complex technical stacks.

FF NEWS TAKE:

This move by Airwallex significantly moves the needle for Shopify merchants who have long struggled with the clunky 'redirect' model of local payments. By bringing Airwallex Additional Payments directly into the native checkout, they are attacking the 70% abandonment rate head-on. In an era where embedded finance efficiency is the benchmark, providing 80+ methods without a redirect is a major competitive advantage for global retailers.