Providing members access to foreign currency exchange and cross-border payment solutions
TORONTO – February 26, 2020 – Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and the leading provider of international payments and foreign exchange transactions, is pleased to announce their sponsorship and endorsement partnership with the Tea & Herbal Association of Canada.
Through this relationship, the associations’ member companies will be able to gain access to and utilize Cambridge’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Cambridge will also work with association members to implement, manage, and hedge against currency market risks in a collaborative and active approach. Additionally, its award-winning trading platform will enable members to manage their global payments from a single point of access.
“Cambridge is incredibly excited about our new relationship with the Tea & Herbal Association of Canada. We are confident that their members businesses will benefit significantly from improved access to innovative currency hedging and cross-border accounts payable services,” said Glen Bullen, Account Executive Team Lead, Cambridge Global Payments. “The Tea & Herbal Association of Canada is a member-driven organization that we are very proud to be associated with and we look forward to helping their members grow their businesses and find solutions to their cross-border payment and hedging needs.”
Shabnam Weber, President of the Tea and Herbal Association of Canada, added, “Helping our members find ways to make their day to day operations easier is a cornerstone of what we do as an association. Our collaboration with Cambridge Global Payments will not only provide access to better foreign exchange rates but also provide an advantage in a highly competitive marketplace. We are so pleased to offer this to our members and know the benefits will be felt far and wide.”
About Cambridge Global Payments
Cambridge Global Payments, a FLEETCOR company, is a leading provider of integrated cross-border payment services and currency risk management solutions. As a trusted partner for more than 25 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices and applicable licensing and regulatory approvals across North America, Europe, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.
About the Tea & Herbal Association of Canada
The Tea and Herbal Association of Canada (THAC) is the leading authority and industry voice on all things tea and herbals in Canada and represents members from bush to cup. THAC provides proactive leadership in the areas of advocacy, generic promotion, education and information in order to ensure the long-term viability of the tea industry. It serves as the number one source of information and research about tea and herbals and offers the only TAC TEA SOMMELIER® Certification Program in Canada.
Founded in 1954, THAC’s membership includes producing countries, growers, importers, packers and retailers. With over 200 members across Canada and internationally, THAC is the authoritative voice to speak on any topic pertaining to tea and herbal tea.
Account Executive Team Lead
(416) 646-6401 ext. 2350