Corpay Cross-Border Announced as Rugby Australia’s Official FX Payments Partner

Rhea-AI Summary

Corpay, a FLEETCOR brand (NYSE: FLT), has entered into a partnership with Rugby Australia to become their official Foreign Exchange Payments Partner. This agreement includes sponsorship of the Men's Wallabies and Women's Wallaroos teams, enhancing Corpay's presence in Australia as they support these teams in upcoming competitions, including the World Cup.

Through this partnership, Rugby Australia and its business partners will gain access to Corpay's innovative foreign exchange solutions, which help mitigate currency risks. Corpay aims to leverage this collaboration to bolster its brand in the competitive sports and business landscape.

Positive

• New partnership with Rugby Australia enhances Corpay's brand visibility in Australia.
• Provides access to innovative foreign exchange solutions for Rugby Australia's ecosystem.
• Sponsorship of Wallabies and Wallaroos promotes Corpay's support for sports.

Negative

• None.

Providing access to cross-border payments and currency risk management solutions

SYDNEY--(BUSINESS WIRE)-- Corpay¹, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with Rugby Australia to become their official Foreign Exchange (FX) Payments Partner. As part of this partnership, Corpay Cross-Border has also been named an Official Partner of both the Men’s Australian National Rugby Union Team, the Wallabies, and the Women’s Australian National Rugby Union Team, the Wallaroos.

From left to right: Piper Duck (Wallaroo) Andy Marinos (CEO Rugby Australia) Angus Bell (Wallaby) David Britten (Managing Director APAC, Corpay Cross-Border Solutions) Layne Morgan (Wallaroo) (Photo: Business Wire)

As Corpay grows their brand and business across the globe, so does its valued family of partners in the sports industry. Corpay is committed to support Rugby Australia, along with the Wallabies and Wallaroos success in upcoming rugby championships, international fixtures, and their venture into the World Cup.

Through this alliance, Rugby Australia, along with the broader Rugby Australia ecosystem of corporate business partners* will be able to gain access to and utilise Corpay’s innovative solutions to help mitigate their foreign exchange exposure. Additionally, Corpay Cross-Border’s award-winning platform will enable eligible companies to manage their global payments from a single point of access.

"The team at Corpay Cross-Border is very excited about our new partnership with Rugby Australia and the Wallabies and Wallaroos, which marks an important milestone for our brand's presence in Australia." said Brad Loder, Vice President, Cross-Border Marketing, Corpay Cross-Border Solutions. "We are also proud to be able to align the Corpay brand with the both the Wallabies and Wallaroos, both historic and globally recognised rugby unions, whose history, values and eagerness to grow the game of rugby creates a unique synergy between our respective organisations."

“Rugby Australia is delighted to welcome Corpay as an Official Partner of the Wallabies and Wallaroos,” said Andy Marinos, CEO of Rugby Australia. “There is great synergy between the two organisations, with Corpay a recognised global leader in business finance solutions, and the Wallabies and Wallaroos firmly locked on becoming global Rugby leaders. “We are looking forward to working closely together with Corpay as we embark on a truly exciting period for Rugby in Australia.”

About Corpay
Corpay is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit www.corpay.com.

About Rugby Australia
Rugby Australia, the governing body of Rugby Union in Australia, is the home of the national Men’s and Women’s XVs and Sevens programs. The organisation actively supports the growth of the game at every level, from grassroots clubs through to international competitions. For more information, visit rugby.com.au

^{1“Corpay” (a Fleetcor (NYSE: FLT) brand) in this document primarily refers to the Cross-Border Division of Corpay https://payments.corpay.com/cross-border; a full listing of the companies that are part of the Corpay brand is available here: https://payments.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/20230412005629/en/

Corpay Contact:

Brad Loder

VP, Cross-Border Marketing

+1 (647) 627-6635

brad.loder@corpay.com



Rugby Australia Contact:

Mark McCartney

Head of Communications

+61 415 122 306

Mark.McCartney@rugby.com.au

Source: Corpay

FAQ

What is Corpay's recent partnership related to?

Corpay has partnered with Rugby Australia to become their official Foreign Exchange Payments Partner.

How does the partnership with Rugby Australia benefit Corpay?

The partnership enhances Corpay's brand visibility in Australia and provides access to innovative foreign exchange solutions for Rugby Australia's partners.

When was the partnership between Corpay and Rugby Australia announced?

The partnership was announced in April 2023.

What teams are supported under the Corpay and Rugby Australia partnership?

Corpay supports both the Men's Australian National Rugby Union Team (Wallabies) and the Women's National Team (Wallaroos).

What type of solutions does Corpay offer through this partnership?

Corpay offers foreign exchange risk management solutions and payment processing capabilities.