Cambridge Global Payments Announces New Endorsement Partnership with the Boating Ontario Association
Providing members access to foreign currency exchange and cross-border payment solutions
Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and the leading provider of international payments and foreign exchange transactions, is pleased to announce they have been selected by the Boating Ontario Association (“BOA”) board as the endorsed provider of foreign currency exchange and international payments solutions for BOA members across Ontario.
Through this endorsement, BOA’s 500+ member companies will be able to gain access to and utilize Cambridge’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Cambridge will also work with the BOA’s qualified members to implement, manage, and hedge against currency market risks in a collaborative and active approach. Additionally, its award-winning trading platform will enable BOA’s qualified members to manage their global payments from a single point of access.
“Cambridge is incredibly excited about our new relationship with the Boating Ontario Association. We are confident that BOA members and their businesses will benefit significantly from improved access to innovative currency hedging and cross-border accounts payable services,” said Mark Frey, President, Cambridge Global Payments. “Boating Ontario is a member-driven organization that we are very proud to be associated with and we look forward to helping their members grow their businesses and find solutions to their cross-border payment and hedging needs.”
“As a pillar of our strategic plan, we are steadfastly committed to bringing new business development tools and additional value to our members and this announcement fits perfectly into those commitments” said Rick Layzell, BOA CEO. “Currency exchange can be a daunting task for any business, today’s announcement backed by Cambridge’s’ proven service promise is another conduit to solutions for members of all sizes.”
