Corpay’s business and financial institution clients will now gain access to near real-time payouts in 22 new markets, powered by Mastercard Move’s extensive global network.
Corpay and Mastercard have announced the expansion of their long-standing partnership to enable corporates, small businesses, and financial institutions to make near real-time payments across 22 additional markets in Asia, Europe, the Middle East, Africa, and Latin America. The announcement, made in Frankfurt during the annual Sibos conference, builds on more than a decade of collaboration between the two firms and leverages Mastercard Move’s money movement capabilities and broad network to deliver faster, more secure, and more transparent cross-border transactions.
Global cross-border payments are expected to exceed $250 trillion by 2027, driven by international trade, disbursements, and person-to-person remittances. This expanded reach will allow businesses and financial institutions to respond to the rising demand for swift and efficient payment solutions.
“At Mastercard, we’re committed to empowering people and businesses to thrive in an increasingly connected world,” said Pratik Khowala, Global Head of Transfer Solutions, Mastercard. “By expanding our strategic collaboration with Corpay, we’re enabling financial institutions to seamlessly access new markets, optimize their cross-border payment operations, and deliver a superior experience to their customers. At the same time, we’re helping companies of all sizes scale internationally, unlocking new growth opportunities with unmatched speed, reach, and reliability.”
“Through our expanded collaboration with Mastercard, we are advancing the future of cross-border payments—bringing businesses greater efficiency, affordability, and real-time capabilities,” said Mark Frey, Group President, Corpay Cross-Border Solutions. “We remain committed to providing businesses and financial institutions with innovative solutions that deliver the speed, reliability, and scale they need to succeed globally.”
This latest announcement builds on the strategic partnership launched in April 2025, under which Corpay became the exclusive provider of large-ticket cross-border payment solutions and currency risk management services for Mastercard’s financial institution clients. That agreement also extended access to Mastercard Move’s disbursement and remittance services for Corpay’s small and mid-sized business customers.
Mastercard Move, the company’s money movement portfolio, spans more than 200 countries and territories and supports over 150 currencies, reaching more than 95% of the world’s banked population. The portfolio enables customers to enhance their money transfer services and boost revenue by offering end users transparency and choice — including trackable payments, clear fee visibility, estimated delivery timelines, and the flexibility to receive payouts via bank accounts, digital and mobile wallets, cards, or cash.
