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Virtual Card Rebates Explained: How AP Spend Becomes Revenue

Virtual card rebates can turn AP into a revenue source, but the math depends entirely on vendor enrollment. Here's what's real, what's marketing, and what to ask before you commit.

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Apr 28, 2026
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CNBC: Dollar weakens after strong rally as U.S. government shutdown looms

CNBC: Dollar weakens after strong rally as U.S. government shutdown looms

"History would suggest that a short-lived government shutdown should have a relatively modest impact on the economy and on currency markets," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Reuters: Dollar retreats, consolidates earlier gains, amid US govt shutdown risk

Reuters: Dollar retreats, consolidates earlier gains, amid US govt shutdown risk

"Traders are largely ignoring the risk of a government shutdown, and are instead fading last week's dollar rally in anticipation of some softer labor market data releases in the days ahead," said Karl Schamotta, chief market strategist, at Corpay.

Marketwatch: Why ‘stubbornly optimistic’ investors are brushing aside the threat of a government shutdown this week

Marketwatch: Why ‘stubbornly optimistic’ investors are brushing aside the threat of a government shutdown this week

Corpay chief market strategist Karl Schamotta described U.S. government shutdowns in general as "typically more farce than tragedy."

Corpay and Mastercard Move Extend Near Real-Time Payments to New Markets

Corpay and Mastercard Move Extend Near Real-Time Payments to New Markets

Corpay’s business and financial institutional clients will benefit from near-real-time payouts to 22 new markets, leveraging Mastercard Move’s extensive network.

BNN: Loonie worst-performing major currency this year: Schamotta

BNN: Loonie worst-performing major currency this year: Schamotta

Karl Schamotta, chief market strategist at Corpay, joined BNN Bloomberg to discuss the Canadian dollar underperforming.

Global Expansion and Transformation with Corpay and Cirque du Soleil

Global Expansion and Transformation with Corpay and Cirque du Soleil

Cirque Du Soleil transformed from a 20-person show to a global entertainment powerhouse over its four decades, an expansion so fierce and focused that it brought in currency exposures - so they brought on Corpay to become their global FX partner.

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together