News | WTA Tennis English
ST. PETERSBURG, FL, USA – The Women’s Tennis Association and Cambridge Global Payments have entered into a three-year partnership whereby Cambridge will serve as the Official and Exclusive International Payments Provider of the WTA, responsible for fulfillment of prize money and corporate foreign exchange services for the WTA and its members.
“Cambridge’s in-depth knowledge and expertise in managing many international, and often complicated, financial transactions set them apart – especially when time sensitive payments and on-demand delivery are a must,” said WTA CEO and Chairman Steve Simon. “Their commitment to excellence reflect the high standards we expect at the WTA and we look forward to this partnership.”
Cambridge is one of the largest bank-independent providers of international payments, with offices across North America, Europe and Australia. Their award winning online platform and expertise in the business space has earned them global recognition, specifically for time sensitive payments.
Cambridge will provide the foreign exchange platform for facilitation of the payment of prize money between the WTA’s members – from tournaments to players. The WTA will oversee the handling of the program in conjunction with Cambridge. The WTA itself will also utilize Cambridge Global for all corporate foreign exchange services.
“We are extremely honored and excited to be selected as the Official and Exclusive International Payments Provider for the WTA and their members. As a global leader and specialist in international payments, Cambridge looks forward to working with such a prestigious association and their group of talented players,” said Anil Sawrup, Chief Commercial Officer, Cambridge Global Payments.
