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The Reality of Going Global: Is a Multi-Currency Account the Answer?

A multi-currency account can help your transactions cross borders, manage the FX risk, pay like a local, reduce costs and more. But who needs it and when?

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By Cross-Border
Dec 5, 2025
MCA Collateral - Multi-Currency Accounts- Who Needs them, and When?_Blog article_Thumbnail_0512252.jpg

Reuters: Dollar retreats, consolidates earlier gains, amid US govt shutdown risk

Reuters: Dollar retreats, consolidates earlier gains, amid US govt shutdown risk

"Traders are largely ignoring the risk of a government shutdown, and are instead fading last week's dollar rally in anticipation of some softer labor market data releases in the days ahead," said Karl Schamotta, chief market strategist, at Corpay.

Marketwatch: Why ‘stubbornly optimistic’ investors are brushing aside the threat of a government shutdown this week

Marketwatch: Why ‘stubbornly optimistic’ investors are brushing aside the threat of a government shutdown this week

Corpay chief market strategist Karl Schamotta described U.S. government shutdowns in general as "typically more farce than tragedy."

Corpay and Mastercard Move Extend Near Real-Time Payments to New Markets

Corpay and Mastercard Move Extend Near Real-Time Payments to New Markets

Corpay’s business and financial institutional clients will benefit from near-real-time payouts to 22 new markets, leveraging Mastercard Move’s extensive network.

BNN: Loonie worst-performing major currency this year: Schamotta

BNN: Loonie worst-performing major currency this year: Schamotta

Karl Schamotta, chief market strategist at Corpay, joined BNN Bloomberg to discuss the Canadian dollar underperforming.

Global Expansion and Transformation with Corpay and Cirque du Soleil

Global Expansion and Transformation with Corpay and Cirque du Soleil

Cirque Du Soleil transformed from a 20-person show to a global entertainment powerhouse over its four decades, an expansion so fierce and focused that it brought in currency exposures - so they brought on Corpay to become their global FX partner.

Corporate credit card program: design, controls, ROI
Commercial Cards

Corporate credit card program: design, controls, ROI

Unlock the full potential of your B2B Corporate card program with features like automated expense reporting, ERP integration, and customizable controls. Maximize efficiency, reduce costs, and enhance financial management in today's business environment.

Smarter payments. Stronger growth. Keep business moving.

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