Softwr

Accounting · head to head

Airwallex vs Microsoft Excel

Airwallex logo

Airwallex

Accounting

Global business accounts and payments

From
Free
Rated
-
Full reviewWebsite
Microsoft Excel logo

Microsoft Excel

Accounting

Spreadsheet software for data analysis and visualization

From
Free
Rated
-
Full reviewWebsite

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; Microsoft Excel free tier limited to 5 GB cloud storage and web-only access

Where they differ

Only the attributes on which Airwallex and Microsoft Excel actually diverge.

Attributes where Airwallex and Microsoft Excel differ
AttributeAirwallexMicrosoft Excel
PlatformsWebWindows, Macos, Web, Ios, Android
FoundedUnknown1975

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

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Airwallex

Nothing recorded that Microsoft Excel does not also cover.

Only in Microsoft Excel

  • Advanced formulas
  • Pivot tables
  • Data visualization
  • Charts and graphs
  • Conditional formatting
  • Data analysis tools
  • Macro automation
  • Collaboration features

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

Microsoft Excel

  • Financial modelingnot Airwallex
  • Data analysisnot Airwallex
  • Budget planningnot Airwallex
  • Reportingnot Airwallex
  • Business intelligencenot Airwallex
  • Statistical analysisnot 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

Microsoft Excel

  • Free tier limited to 5 GB cloud storage and web-only access
  • Paid plans have per-user costs increasing significantly with more users
  • AI features like Copilot limited or unavailable on lower-tier plans

Pricing, plan by plan

Airwallex

Free

No published plan breakdown. See the Airwallex review.

Microsoft Excel

Free
  • Microsoft Excel (Free)Free
    • Excel for the web
    • Real-time collaboration
    • 5 GB cloud storage
  • Microsoft 365 Personal$9.99/month
    • Desktop Excel app
    • 1 TB cloud storage
    • Single user on up to 5 devices
  • Microsoft 365 Family$12.99/month
    • 1-6 users (AI features for subscription owner)
    • Up to 6 TB cloud storage (1 TB per person)
    • Each user up to 5 devices
  • Microsoft 365 Premium$19.99/month
    • 1-6 users
    • Extensive Copilot feature access
    • Exclusive advanced AI capabilities

Which should you pick?

Choose Airwallex if

  • You want to start without paying.
Airwallex review

Choose Microsoft Excel if

  • You need advanced formulas.
  • You want to start without paying.
  • You work on Windows, Macos, Web, Ios, Android.
  • You also want pivot tables.
Microsoft Excel review

Questions people ask

Is Airwallex or Microsoft Excel better?
Neither clearly leads. Airwallex starts at Free and Microsoft Excel at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Airwallex or Microsoft Excel?
Airwallex starts at Free and Microsoft Excel at Free.
Does Airwallex or Microsoft Excel run on more platforms?
Airwallex runs on Web. Microsoft Excel runs on Windows, Macos, Web, Ios, Android.
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 Microsoft Excel is typically brought in for.
What can Airwallex do that Microsoft Excel cannot?
Microsoft Excel covers Advanced formulas, Pivot tables, Data visualization, Charts and graphs.

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
Microsoft Excel: How much does Microsoft Excel cost?

Microsoft Excel is free as a web app with 5 GB storage. Paid options include Microsoft 365 Personal at $9.99/month for desktop apps and 1 TB storage, Family at $12.99/month for 1-6 users with 6 TB total storage, and Premium at $19.99/month with extended Copilot access.

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
Microsoft Excel: Is there a free version of Excel?

Yes, Excel for the web is free and includes sharing, real-time collaboration, and 5 GB cloud storage accessible on web, iOS, and Android without subscription.

Source
Microsoft Excel: What is the difference between Microsoft 365 Family and Premium tiers?

Family tier at $12.99/month supports 1-6 users with 6 TB total storage and standard features. Premium tier at $19.99/month allows extensive Copilot feature access and exclusive advanced AI capabilities including image creation and audio generation.

Source
Share

Related pages

More on Airwallex

More on Microsoft Excel

Keep looking

Other head to heads