Corpay, Mastercard Expand Partnership to Enable Near Real-Time Payments in 22 New Global Markets

Corpay Inc. (NYSE:CPAY) is one of the most undervalued technology stocks to buy according to analysts. On September 29, Corpay and Mastercard Incorporated (NYSE:MA) announced an expansion of their long-standing collaboration to enable Corpay’s business and financial institution clients to make near real-time payments to 22 new markets. The expansion covers regions across Asia, Europe, the Middle East, Africa, and Latin America.

The expanded reach is intended to help businesses and financial institutions meet the growing demand for fast and efficient transactions, especially with global cross-border payments projected to exceed $250 trillion by 2027. This builds upon a decade of collaboration between the two companies.

The announcement follows a strategic partnership established in April 2025. That earlier agreement made Corpay the exclusive provider of large-ticket cross-border payment solutions and currency risk management services for Mastercard’s financial institution clients.

Corpay Inc. (NYSE:CPAY) is a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments internationally.

Mastercard Incorporated (NYSE:MA) is a technology company that provides transaction processing and other payment-related products and services internationally.

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Disclosure: None. This article is originally published at Insider Monkey.