Corpay Cross-Border Named the Official World Athletics Foreign Exchange Supplier
Corpay's Cross-Border business has been named the Official Foreign Exchange (FX) Supplier for World Athletics, the international governing body for athletics. This partnership will provide World Athletics and its broader family with access to currency risk management and cross-border payments solutions.
Through Corpay Cross-Border's award-winning platform, World Athletics will be able to manage global payments from a single point of access, helping to mitigate foreign exchange exposure in their day-to-day operations. World Athletics President Sebastian Coe highlighted the importance of this partnership, noting that the organization receives most of its income in USD but makes substantial payments in various currencies annually.
Il business Cross-Border di Corpay è stato nominato Fornitore Ufficiale di Cambio Valutario (FX) per World Athletics, l'organo di governo internazionale per l'atletica leggera. Questa partnership fornirà a World Athletics e alla sua più ampia famiglia accesso a soluzioni per la gestione del rischio valutario e ai pagamenti transfrontalieri.
Attraverso la piattaforma premiata di Corpay Cross-Border, World Athletics sarà in grado di gestire i pagamenti globali da un unico punto di accesso, contribuendo a mitigare l'esposizione al cambio valutario nelle loro operazioni quotidiane. Il Presidente di World Athletics, Sebastian Coe, ha sottolineato l'importanza di questa partnership, evidenziando che l'organizzazione riceve la maggior parte delle sue entrate in USD, ma effettua pagamenti considerevoli in varie valute ogni anno.
El negocio Cross-Border de Corpay ha sido nombrado Proveedor Oficial de Cambio de Divisas (FX) para World Athletics, el organismo internacional que rige el atletismo. Esta asociación proporcionará a World Athletics y a su familia más amplia acceso a soluciones de gestión de riesgos cambiarios y de pagos transfronterizos.
A través de la plataforma galardonada de Corpay Cross-Border, World Athletics podrá gestionar pagos globales desde un único punto de acceso, ayudando a mitigar la exposición al cambio de divisas en sus operaciones diarias. El Presidente de World Athletics, Sebastian Coe, destacó la importancia de esta asociación, señalando que la organización recibe la mayor parte de sus ingresos en USD, pero realiza pagos significativos en varias divisas anualmente.
Corpay의 국경 간 사업이 세계 육상 연맹의 공식 외환(FX) 공급업체로 선정되었습니다. 이 파트너십을 통해 세계 육상 연맹과 그 넓은 가족은 환위험 관리 및 국경 간 결제 솔루션에 접근할 수 있게 됩니다.
Corpay Cross-Border의 수상 경력에 빛나는 플랫폼을 통해 세계 육상 연맹은 단일 접근 포인트에서 글로벌 결제를 관리할 수 있어 일상적인 운영에서 외환 노출을 완화할 수 있습니다. 세계 육상 연맹의 세바스찬 코 회장은 이 파트너십의 중요성을 강조하며 조직이 대부분의 수익을 USD로 받지만 매년 여러 통화로 상당한 지급을 하고 있다고 언급했습니다.
La branche Cross-Border de Corpay a été nommée Fournisseur Officiel de Change Étranger (FX) pour World Athletics, l'organisme international régissant l'athlétisme. Ce partenariat fournira à World Athletics et à sa famille élargie un accès à des solutions de gestion des risques de change et de paiements transfrontaliers.
Grâce à la plateforme primée de Corpay Cross-Border, World Athletics pourra gérer des paiements globaux depuis un point d'accès unique, ce qui contribuera à atténuer l'exposition aux fluctuations monétaires dans leurs opérations quotidiennes. Le Président de World Athletics, Sebastian Coe, a souligné l'importance de ce partenariat, notant que l'organisation reçoit la majeure partie de ses revenus en USD, mais effectue chaque année des paiements substantiels dans diverses devises.
Das Cross-Border-Geschäft von Corpay wurde zum offiziellen Devisen(FX)-Lieferanten für World Athletics, die internationale Sportorganisation für Leichtathletik, ernannt. Diese Partnerschaft wird World Athletics und seiner breiteren Gemeinschaft Zugang zu Währungsrisikomanagement- und grenzüberschreitenden Zahlungslösungen bieten.
Durch die ausgezeichnete Plattform von Corpay Cross-Border wird World Athletics in der Lage sein, globale Zahlungen von einem einzigen Zugangspunkt aus zu verwalten, was hilft, die Wechselkursrisiken in ihrem täglichen Geschäft zu mindern. Der Präsident von World Athletics, Sebastian Coe, betonte die Bedeutung dieser Partnerschaft und merkte an, dass die Organisation den Großteil ihrer Einnahmen in USD erhält, aber jährlich erhebliche Zahlungen in verschiedenen Währungen leistet.
- Partnership with World Athletics as Official FX Supplier
- Potential for increased business from World Athletics family
- Showcasing of Corpay's innovative solutions in sports industry
- None.
Providing access to currency risk management and cross-border payments solutions
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.
View source 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
Source: Corpay, Inc.
FAQ
What is the new partnership between Corpay Cross-Border and World Athletics?
How will World Athletics benefit from the partnership with Corpay (CPAY)?
What services will Corpay Cross-Border provide to World Athletics?
When was the partnership between Corpay (CPAY) and World Athletics announced?
