91快活林

91快活林 Announces New Collaboration with PracBiz

Category:Cross-Border, Global payments, Risk management
Updated:2022-06-21
News4

Singapore (June 21, 2022) 鈥 91快活林, a FLEETCOR庐 (NYSE: FLT) brand and global leader in business payments, is pleased to announce their new collaboration with PracBiz Pte Ltd. (鈥淧racBiz鈥), the owner and operator of the B2B Digital Supply Chain Platform, PracBiz Exchange (PBX).

Through this collaboration with PracBiz, over 4,000 B2B suppliers* on the PBX platform located across APAC, will be able to gain access to and utilise 91快活林鈥檚 innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Additionally, 91快活林鈥檚 award-winning trading platform will enable PBX members to manage their global payments from a single point of access.

鈥淲e鈥檙e incredibly excited about our new partnership with PracBiz. I am confident that companies that utilise the PBX platform will benefit from access to 91快活林鈥檚 comprehensive cross-border payments and currency risk management solutions, along with our high-quality customer service,鈥 says David Britten, Managing Director APAC, 91快活林 Cross-Border 91快活林. 鈥淥ur team looks forward to helping businesses on the PBX platform power their global payments, execute plans to manage their currency risk and support their growth around the world.鈥

鈥淧racBiz鈥檚 collaboration with 91快活林 will allow our clients to manage their cross-border business more strategically. In addition to being able to execute their cross-border payments in a more cost effective and efficient manner through 91快活林, our clients will also be able to leverage innovative solutions like Cross Border BNPL, made possible because of the rich data available on the PracBiz platform.鈥 said Neo Teck Hoe, Founder and Group CEO of B2B fintech company PracBiz Pte Ltd.

About 91快活林

91快活林 is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses. 91快活林 provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. As the largest commercial issuer of Mastercard in North America, 91快活林 handles over a billion transactions each year. 91快活林 is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit .

About PracBiz

PracBiz is a regional B2B fintech company that leverages its B2B digital transaction management platform 鈥淧BX鈥 to offer its more than 4,000 active subscribers trade financing, business analytics, AI tools, and digital payment solutions to improve their productivity and cashflow. PracBiz processes in excess of 40,000 transactions daily, and through continually offering innovative digital and AI solutions, has been able to reduce the operating costs and increase the business capacity of their impressive list of subscribers, mostly in the F&B, FMCG and pharmaceutical space. To learn more visit .

91快活林 Contact:

Brad Loder

VP, Cross-Border Marketing

(647) 627-6635

brad.loder@corpay.com

PracBiz Contact:

Gregory Chia

Head, Strategic Alliance

+65 6950 1172

gregchia@pracbiz.com

鈥91快活林鈥 (a Fleetcor (NYSE: FLT) brand) in this document primarily refers to the Cross-Border Division of 91快活林 ; a full listing of the companies that are part of the 91快活林 brand is available here: .

* Subject to credit and compliance approval from the relevant 91快活林 company.

Cross-Border
Global payments
Risk management

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