The partnership is designed to help WBSC members and business partners with managing global payments.

"I’m very proud and excited about this partnership with Corpay, which is another important milestone for the WBSC with organisational excellence a key part of our strategic goals," said WBSC President Riccardo Fraccari.

"The WBSC and its members are facing increased financial uncertainty and volatility, and the services provided by Corpay will help us further improve efficiency and stability with foreign currency transactions in today’s current complicated financial world."

Brad Loder, vice-president of cross-border marketing for Corpay Cross-Border Solutions added: "I am confident that the WBSC, their members and network of corporate business partners will benefit from access to our comprehensive cross-border payments and foreign currency exchange risk management solutions, along with our payments experience gained within the world of sports."

Corpay is a global business payment company, which helps organisations to track, manage and pay expenses.