FLEETCOR company Cambridge Global Payments has entered into an endorsement partnership with Australia-Latin America Business Council (ALABC).

Cambridge provides integrated access to cross-border payments and currency risk management solutions to customers.

ALABC selected Cambridge as the provider of international payment solutions and foreign currency exchange.

The services will be offered to over 800 qualified ALABC members and their companies across Australia.

These members will gain access to Cambridge’s cross-border payments and foreign exchange solutions.

Members can use these solutions to reduce foreign exchange exposure while making payments in exotic currencies across Latin America for their everyday business needs.

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ALABC members can manage their global payments from a single access point, using Cambridge’s trading platform.

Cambridge president Mark Frey said: “The Cambridge team is very proud to be associated with ALABC and looks forward to helping their members across Australia grow their businesses and provide products for their cross-border payment and foreign exchange needs.”

ALABC CEO Marcelo Salas said: “Given that our members routinely transact in hard-to-reach markets across Latin America, we feel strongly that Cambridge’s innovative international payments and foreign exchange solutions, and in particular their Emerging Markets team that specializes in making payments in exotic currencies, will greatly benefit our members.”