Cross-border payments and foreign exchange management have become increasingly important for organizations that operate internationally. As small businesses expand their global reach, they need efficient payment infrastructure, competitive foreign exchange pricing, and tools that help manage currency risk while simplifying international transactions.
Corpay’s partnership with the Small Business Association for International Companies (SBAIC) reflects the growing demand for specialized cross-border payment solutions. By providing members with access to integrated global payments and FX risk management tools, the collaboration aims to help internationally focused businesses reduce costs, improve operational efficiency, and better manage the complexities of global commerce.
Corpay, a Fleetcor (NYSE: FLT) brand that provides integrated cross-border payments and currency risk management solutions, is pleased to announce that they have been named a Diamond-level Sponsor and endorsed provider of global payments and foreign currency exchange solutions of the Small Business Association for International Companies (“SBAIC”).
SBAIC is a trade organization that is comprised of almost 200 small businesses across 25 U.S. states that support USAID and other Federal agencies. Through this partnership, SBAIC members and their companies located across the United States, will be able to gain access to and utilize Corpay’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Additionally, Corpay’s award-winning trading platform will enable SBAIC’s members to manage their global payments from a single point of access.
“Corpay is very pleased to become both a sponsor and endorsed partner of SBAIC. I am confident that SBAIC’s members located across the U.S. will benefit greatly from our unmatched service and access to our comprehensive cross-border payments and FX risk management solutions.” said Frank Mannarino, VP, Channels & Alliances, Corpay Cross-Border Solutions. “The team at Corpay looks forward to helping members power their international payments, execute plans to manage their currency risk and support their growth around the world.”
“Corpay has been instrumental helping Connexus Corporation to deliver exotic currencies efficiently to our international development projects. After my firm, Connexus Corporation, learned that we could obtain significant cost savings by utilizing Corpay instead of our bank to make foreign currency transfers, I wanted other small businesses to potentially benefit from Corpay’s services. I proposed that Corpay become a corporate sponsor of SBAIC so it could show our members how they too could access better forex services at a lower price.” Anita Campion, Executive Chair of SBAIC, President and CEO of Connexus Corporation
As international business becomes more accessible to organizations of all sizes, reliable cross-border payments and foreign exchange solutions are becoming strategic necessities rather than optional services. Partnerships like the one between Corpay and SBAIC can help small businesses streamline international operations, reduce currency-related costs, and gain greater confidence when expanding into global markets. The continued evolution of cross-border payment technology is likely to create even more opportunities for internationally active businesses.
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. As the largest commercial issuer of Mastercard in North America, Corpay handles over a billion transactions each year. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit www.corpay.com.
About the Small Business Association for International Companies
Small Business Association for International Companies (SBAIC) is a membership organization established to promote the meaningful utilization of U.S. small businesses at U.S. government agencies providing foreign assistance. These U.S. government agencies include: U.S. Agency for International Development (USAID), Millennium Challenge Corporation (MCC), Overseas Private Investment Corporation (OPIC), and the U.S. Departments of State, Defense, Health and Human Services and Agriculture. To learn more visit www.sbaic.org.