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Corpay, Mastercard Expand Partnership to Enable Near Real-Time Payments in 22 New Global Markets
Yahoo Financeยท2025-10-03 09:33

Group 1 - Corpay Inc. is considered one of the most undervalued technology stocks according to analysts [1] - On September 29, Corpay and Mastercard announced an expansion of their collaboration to enable near real-time payments to 22 new markets across Asia, Europe, the Middle East, Africa, and Latin America [1][2] - The expansion aims to meet the increasing demand for fast and efficient transactions, with global cross-border payments projected to exceed $250 trillion by 2027 [2] Group 2 - The partnership builds on a strategic agreement established in April 2025, making Corpay the exclusive provider of large-ticket cross-border payment solutions and currency risk management services for Mastercard's financial institution clients [3] - Corpay specializes in managing vehicle-related expenses, lodging expenses, and corporate payments internationally [4] - Mastercard provides transaction processing and other payment-related products and services on a global scale [4]