Softwr

Accounting · head to head

Airwallex vs Billit

Airwallex logo

Airwallex

Accounting

Global business accounts and payments

From
Free
Rated
-
Billit logo

Billit

Accounting

Belgian invoicing and accounting software with Peppol e-invoicing

From
Free
Rated
-

The short version

  • Each has a real cost: Airwallex international card payments carry a $0.30 fee per transaction on top of FX charges, separate from the free tier; Billit annual billing required to get approximately 15% discount (one free month included)

Where they differ

Only the attributes on which Airwallex and Billit actually diverge.

Attributes where Airwallex and Billit differ
AttributeAirwallexBillit
Pricing modelfreemiumsubscription

Identical on both: starting price (Free), free tier (Yes), platforms (Web), user rating (Not yet rated), category (Accounting).

What people use each for

The jobs each tool is most often brought in to do.

Airwallex

  • Global payment collection accepting multiple currencies like local paymentsnot Billit
  • International money transfers to 200+ countries at interbank ratesnot Billit
  • Corporate expense management with multi-currency cards and trackingnot Billit
  • Automating recurring revenue and subscription billing globallynot Billit
  • Opening business accounts in 20+ currencies with local bank detailsnot Billit
  • Platform monetization through embedded finance and Banking as a Servicenot Billit

Billit

  • Invoice generation and document management for freelancers and small businessesnot Airwallex
  • E-invoicing and Peppol compliance for European businessesnot Airwallex
  • Recurring billing and payment reminder workflowsnot Airwallex

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Airwallex

  • International card payments carry a $0.30 fee per transaction on top of FX charges, separate from the free tier

Billit

  • Annual billing required to get approximately 15% discount (one free month included)
  • Additional user seats cost €5 per user per month on top of plan price
  • Overage pricing per document decreases with tier, penalizing rapid growth within a tier

Pricing, plan by plan

Airwallex

Free

No published plan breakdown. See the Airwallex review.

Billit

Free
  • Starter$7.5/month
    • Up to 25 documents per month
    • Peppol e-invoicing
    • Invoice customization
  • Growth$25/month
    • Up to 500 documents per month
    • All Starter features
    • Additional documents: €0.25 per document
  • Professional$250/month
    • Up to 1,000 documents per month
    • All Growth features
    • Additional documents: €0.15 per document
  • Enterprise$null/month
    • 1,000+ documents per month
    • Custom pricing

Which should you pick?

Choose Airwallex if

  • You want to start without paying.

Choose Billit if

  • You want to start without paying.

Questions people ask

Is Airwallex or Billit better?
Neither clearly leads. Airwallex starts at Free and Billit at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Airwallex or Billit?
Airwallex starts at Free and Billit at Free.
Does Airwallex or Billit run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use Airwallex for free?
Both have a free tier, so you can try either at no cost before committing.
What is Airwallex best used for?
Airwallex is most often used for global payment collection accepting multiple currencies like local payments, international money transfers to 200+ countries at interbank rates, corporate expense management with multi-currency cards and tracking, automating recurring revenue and subscription billing globally. Of those, global payment collection accepting multiple currencies like local payments and international money transfers to 200+ countries at interbank rates are not what Billit is typically brought in for.

Answered from the vendors’ own pages

Airwallex: Does Airwallex publish pricing?

Airwallex does not publish specific pricing details on their main website. Pricing and demo information are available through their sales team or dedicated pricing page at help.airwallex.com.

Source
Billit: What does Billit Starter plan include and how much does it cost?

Billit Starter is €7.50 per month (or €22.92 per month with annual billing, roughly 15% off) and supports up to 25 documents per month. All plans include Peppol e-invoicing, invoice customization, quotes, mobile app, bank integration, and payment reminders. Extra documents over the limit cost €0.50 each.

Source
Airwallex: What cost savings can Airwallex provide?

Customer testimonials report $40,000 annual savings in collections costs, at least 5% savings per dollar transferred versus traditional banks, and up to 80% savings in conversion fees.

Source
Billit: How much does it cost to add team members to a Billit account?

The first user is included in your plan. Additional team members cost €5 per user per month. Bookkeepers and accountants can access the accountant portal for free.

Source
Billit: What is the difference between Billit Growth and Professional plans?

Billit Growth is €25/month for up to 500 documents monthly (€0.25 per overage). Professional is €250/month for up to 1,000 documents monthly (€0.15 per overage). Both include all features; the only differences are document limit and overage rates.

Source
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