FIA News: Governing body announces Corpay as Official FX Payment Supplier

Press Release: The Fédération Internationale de l’Automobile (FIA), the governing body of world motorsport and the federation of the world’s leading motoring organizations, has entered into a multi-year agreement with Corpay’s Cross-Border business to become the “Official FX Payment Supplier of the FIA”.

Through this collaboration, the FIA will have the option to utilize Corpay’s innovative solutions to help mitigate their foreign exchange exposure from a single point of access.

Alexandre Gueschir, FIA Marketing and Events Director, said: “We are delighted to welcome Corpay, a global leader in business payments, as FIA’s Official FX Payment Supplier. We look forward to introducing Corpay through our corporate events and business partner network and continuing to grow this partnership in the longer term.”

Brad Loder, Vice-President, Marketing, Corpay Cross-Border Solutions, said: “Corpay is excited about our new partnership with the FIA and being named their Official FX Payment Supplier. I am confident that the FIA will benefit from access to our comprehensive cross-border payments and FX risk management solutions, along with our payments experience gained within the world of sports.”

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