Corpay Cross-Border Named the Official World Athletics Foreign Exchange Supplier
July 25 2024 - 7:30AM
Business Wire
Providing access to currency risk management
and cross-border payments solutions
Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate
payments, is pleased to announce that Corpay’s Cross-Border
business has entered into an agreement with World Athletics, the
international governing body for the sport of athletics, covering
track and field, cross country running, road running, race walking,
mountain running, and ultra running, to become their Official
Foreign Exchange (FX) Supplier.
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the full release here:
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Through this partnership, World Athletics, and the broader World
Athletics family** Corpay Cross Border’s innovative solutions to
help mitigate foreign exchange exposure from their day-to-day
business needs. Additionally, Corpay Cross-Border’s award-winning
platform will enable them to manage their global payments from a
single point of access.
“Corpay Cross-Border is very honoured to join the World
Athletics family as their Official Foreign Exchange Supplier,” said
Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions.
“I am confident that World Athletics and the broader World
Athletics family, including their federation members and partners
will benefit from access to our comprehensive currency risk
management and cross-border payments solutions, along with our
extensive experience gained within the world of sports.
“We are pleased to welcome Corpay Cross-Border as an Official
Supplier to World Athletics,” said World Athletics President
Sebastian Coe. “World Athletics receives the majority of its income
in USD but makes substantial payments each year in various
currencies. Having the expertise of Corpay Cross-Border, with
access to currency risk management and cross-border payments
solutions, will prove invaluable.”
About Corpay
Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate
payments company that helps businesses and consumers pay expenses
in a simple, controlled manner. Corpay’s suite of modern payment
solutions help its customers better manage vehicle-related expenses
(such as fueling and parking), travel expenses (e.g. hotel
bookings) and payables (e.g. paying vendors). This results in our
customers saving time and ultimately spending less. Corpay
Cross-Border refers to a group of legal entities owned and operated
by Corpay, Inc.
Corpay – Payments made easy. To learn more visit
www.corpay.com.
*“Corpay” in this document primarily refers to the Cross-Border
Division of Corpay, Inc. https://www.corpay.com/cross-border; a
full listing of the companies that are part of Corpay Cross-Border
is available here: https://www.corpay.com/compliance.
** Subject to credit and compliance approval from the relevant
Corpay company.
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version on businesswire.com: https://www.businesswire.com/news/home/20240724239669/en/
Corpay Contact: Brad Loder Chief Marketing Officer Corpay
Cross-Border Solutions +1 (647) 627-6635 brad.loder@corpay.com
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