Powering global payments and keeping currency risk under control
Move money virtually anywhere in the world
Receive and pay out foreign currencies with a secure account in your business’ name
Identify the services for each country for your cross-border payments
Stay ahead of changes in the FX market
Process international payments directly from invoices, spreadsheets, or documents
Thirty Madison Case Study
How Thirty Madison simplified multi-entity AP with Corpay Complete—centralized invoices, custom approvals, same-day ACH, and a fast NetSuite integration.
See how invoice automation helps reduce paper, cut processing costs and give AP teams better visibility into spend and approvals
Corpay helps companies keep business moving, managing spend and delivering value.
Markets are flailing for a storyline in a world that no longer fits into one.
Capital is fickle and cross-border flows can greatly impact a currency's value. In fact, portfolio flows’ volume is significantly more than trade-related flows. As a result, the existence of offshore funding can greatly influence short-term fluctuations.
There can be misunderstandings about what qualifies the US dollar to be the global reserve currency. In the last few years, this subject has been kicked around, with the rise of the BRICS trading bloc and rumoured decline in the petrodollar system.
Corpay chief market strategist Karl Schamotta joined BNN Bloomberg this morning to discuss how markets are reacting to the assault on the Fed's independence, and how the AI boom is impacting the broader economy.
With the Fed's reaction function shifting away from inflation and toward an emphasis on labor market conditions, these numbers should help ratify market pricing for at least two rate cuts this year, and add to the factors weighing on the dollar.
SKsoft clients can now process global payments in over 145 currencies through embedded Corpay technology
"Rate differentials are tilting against the dollar," said Karl Schamotta, chief market strategist at Corpay, adding traders were positioning for "asymmetric upside outside the U.S."
See how corpay brings AP, card programs, lodging, fleet and cross-borders together