On September 29, Corpay and Mastercard announced an expansion of their long‑standing partnership, enabling near‑real‑time payments to 22 new markets across Asia, Europe, the Middle East, Africa and Latin America. The announcement was made at the annual Sibos conference in Frankfurt and was reported by PYMNTS and Business Wire on September 30.
The expansion builds on the April 2025 agreement that made Corpay the exclusive provider of large‑ticket cross‑border payment solutions and currency‑risk management services for Mastercard’s financial‑institution clients. Under the new arrangement, Corpay’s Cross‑Border Solutions and Mastercard Move’s money‑movement network will deliver faster, more secure and transparent cross‑border payouts to the additional markets.
By extending its reach to 22 new markets, the partnership positions Corpay to capture a larger share of the projected $250 trillion global cross‑border payments market and to offer its corporate, small‑business and financial‑institution customers a single, real‑time payment channel. The move is expected to accelerate revenue growth in the Cross‑Border segment and strengthen Corpay’s competitive moat in the corporate payments space.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.