IsraJets, a private aviation company operating in the United States, Israel, and Cyprus, has adopted financial infrastructure from Airwallex.

This integration enables IsraJets to handle payments across multiple currencies and jurisdictions through a single platform, aiming to reduce operational barriers typically found with cross-border banking systems.

IsraJets officials highlighted that their previous use of traditional banking was becoming less compatible with their business model. The company frequently deals with urgent travel confirmations and rapid fund transfers across different time zones and currencies, demanding settlement times faster than those offered by standard financial channels.

Through the new system, IsraJets can now accept customer payments via multicurrency virtual IBANs in over 16 countries or through credit cards. The company also handles employee and supplier disbursements using this interface. Representatives from IsraJets reported that switching to Airwallex has led to reduced transaction costs and lower currency conversion fees, as well as time savings due to fewer manual processes.

Future plans include automation and API integration

IsraJets is currently looking to enhance its use of the platform by integrating Airwallex’s API capabilities. This will enable further automation of payment workflows and support the company’s expansion into Europe and the Gulf region. Representatives mentioned that their goal is to increase operational scalability and improve financial transparency as they prepare to expand their range of travel services.

Airwallex, a payments provider for sectors requiring real-time transaction capabilities, noted that its tools are designed for companies like IsraJets. The firm’s offerings include multicurrency payments, vendor payouts, and card issuing, all tailored to meet the needs of fast-growing industries.

The user-friendly interface has also helped reduce IsraJets’ reliance on technical staff. This partnership supports the company’s efforts to maintain service continuity while expanding operations in regions like Israel, Saudi Arabia, and the UAE, where demand for private aviation is increasing.