Fleetcor brand Corpay has entered a partnership with Triterras Inc., a press release reported.
“We’re very excited to onboard Triterras as a new customer, as well as our new partner. I am confident that both Triterras and Kratos platform members looking to better streamline their payments processes and effectively manage their FX exposure will benefit from access to our comprehensive cross-border payments and currency risk management solutions,” managing director APAC, Corpay Cross-Border, David Britten, said in a press release. “Our team in APAC looks forward to helping these enterprises power their cross-border payments, execute plans to manage their currency risk and support their aspirations to grow their businesses globally.”
The collaboration will allow Triterras’s Kratos platform members to access to Corpay’s services to choose Corpay for their global payments and foreign currency exchange transactions and undergo the Corpay Cross-Borders’s onboarding process, which includes but is not limited to due diligence checks and know your client (KYC) procedures,” a recent press release reveals.
To lessen the gravity of the foreign exchange exposure they face to further their day-to-day business demands. Clients can use the platform to manage all global payment transactions from a single source.
“We’re always looking for ways to fortify our Kratos platform to potentially save our clients time and money. Corpay offers Kratos members—as well as Triterras—world-class payments and foreign exchange hedging solutions that give MSMEs a competitive edge and keep their businesses safe. We’re extremely glad to have a relationship and collaborate with Corpay to help make MSMEs run smarter across their daily trading operations,” founder and CEO of Triterras, Srinivas Koneru, said in the release.