Kansas City, Mo. — Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce they have been selected by the Western Equipment Dealers Association (“WEDA”), the largest equipment dealer association in North America, as the endorsed and preferred provider of foreign currency exchange and international payment solutions for WEDA members across North America.
Through this partnership, WEDA’s 2,000+ members and their companies gain access to and utilize Cambridge’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs to help them meet their stated financial goals. Additionally, Cambridge’s award-winning trading platform will enable WEDA’s members to manage their global payments from a single point of access.
“Cambridge is honored to become an endorsed provider with WEDA, a highly regarded association that advocates for North American agriculture, industrial, forestry, and outdoor equipment dealers. I am confident that their members located across Canada and the U.S. will benefit from access to our innovative cross-border payments and currency hedging solutions, along with our experience gained in this sector,” said Mark Frey, President, Cambridge Global Payments. “Our team members across North America look forward to sharing our experience and helping WEDA members grow their businesses globally.”
“Currency transactions and working with foreign suppliers is a regular occurrence for many of our equipment dealer members. But getting a competitive rate and a suitable product is perhaps overlooked at times. This partnership with Cambridge is another way dealers may benefit from their membership with potential savings on these common transactions,” said John Schmeiser, CEO, Western Equipment Dealers Association. Start using Cambridge by visiting ca.cambridgefx.com/western-equipment/.