- Corpay has been revealed as the official worldwide foreign exchange payments partner of World Table Tennis Pte. Ltd. in 2023.
- Those who participate in World Table Tennis events, including business partners and players, will be able to use Corpay products to help manage their forex risks, press reports said.
- “I am confident that World Table Tennis, the players and their business partner network will benefit from access to our comprehensive cross-border payments and FX risk management solutions, along with benefit from our payments experience gained within the world of sports,” said a senior figure at Corpay.
Corpay, a key provider of foreign exchange and online money transfer services, has been confirmed as the official worldwide foreign exchange payments partner of World Table Tennis Pte. Ltd. in 2023.
According to a press statement, those who participate in World Table Tennis events, including business partners and players, will be able to use Corpay products to help manage their forex risks.
There will also be wider benefits for businesses – the Corpay platform will give companies the chance to deal with their international payments from one access point.
Brad Loder, Vice President of Cross-Border Marketing at Corpay, said: “Corpay is very honoured to be named the official Global FX Payments Supplier for World Table Tennis,"
“I am confident that World Table Tennis, the players and their business partner network will benefit from access to our comprehensive cross-border payments and FX risk management solutions, along with benefit from our payments experience gained within the world of sports.”
For World Table Tennis, meanwhile, Chief Financial Officer Michael Brown pointed out the significance of having a strong cross-border payments capacity in place.
“In 2022, World Table Tennis has disbursed over $6M in prize money and processed more than 3,000 individual transactions to over 80 different territories around the world,” he said.
“This was a record year, and we expect the prize money purse to continue to grow in the coming years, and likely to have doubled again by 2024,” he explained.
“World Table Tennis has placed the athletes at the heart of its events.”
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