Corporate Payments Provider Corpay, Inc. (NYSE: CPAY) have announced today that Corpay’s cross -border business has entered into a long deal with the Major League Soccer (MLS) to become the official Foreign Provider (FX) of the league.
Through this collaboration, MLS will access Corpay Cross Border’s innovative solutions to help alleviate the exhibition of currency from daily business needs. In addition, Corpay’s Cross-Conso-Conford platform will allow the league to manage worldwide payments from a single access point.
“The cross -border team of companies is honored to be named the official FX provider for MLS, the leading professional football championship in the United States and Canada,” said Brad Loder, head of marketing, cross -sectional solutions. “I am sure that the MLS and the Championship Corporate Business Partners network will benefit from access to integrated cross -border payments and foreign exchange risk management solutions, along with our experience gained in the world of sport.”
“We are excited to welcome Corpay as an official MLS foreign exchange provider,” said Greg Millard, MLS SVP, brand alliances. “MLS is part of the world game and we look forward to working with Corpay to make the foreign exchange practices more effective.”
The announcement between MLS and Corpay reaches a period of great momentum behind the sport of football in North America. As the MLS is underway in its 30th season, the US is also preparing to host the Concacaf Gold Cup and the FIFA Club World Cup in 2025, as well as the FIFA World Cup in all US, Canada and Mexico in 2026.