Airwallex has launched a point-of-sale product that lets businesses accept in-person payments across the UK, Europe, Hong Kong, and Singapore via a single platform, with US and Australia launches planned. The move extends Airwallex's cross-border infrastructure — nearly 90 regulatory licenses in ~50 markets, direct connections in 120 countries — into physical retail, where it now directly competes with Square and Adyen alongside its existing rivalry with Stripe. Airwallex reports $1.3B in annualized revenue growing 85% year-over-year; for context, Stripe made a $1.2B acquisition offer when Airwallex had just $2M in revenue, a deal founder Jack Zhang declined.