BOATING ONTARIO ASSOCIATION ANNOUNCES NEW PARTNERSHIP WITH CAMBRIDGE GLOBAL PAYMENTS

Boating Ontario

Oct 29, 2019

The Boating Ontario Association is pleased to announce that they have partnered with Cambridge Global Payments (“Cambridge”), the leading provider of international payments and foreign exchange transactions, as the endorsed provider of foreign currency exchange and international payments solutions for all Boating Ontario members.
 
With this new member benefit, all Boating Ontario members will be able to gain access to utilize Cambridge’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Cambridge will also work with Boating Ontario’s qualified members to implement, manage, and hedge against currency market risks in a collaborative and active approach. Additionally, its award-winning trading platform will enable our qualified members to manage their global payments from a single point of access.

“As a pillar of our strategic plan, we are steadfastly committed to bringing new business development tools and additional value to our members and this announcement fits perfectly into those commitments” said Rick Layzell, Boating Ontario CEO. “Currency exchange can be a daunting task for any business, today’s announcement backed by Cambridge’s’ proven service promise is another conduit to solutions for members of all sizes.”

“Cambridge is incredibly excited about our new relationship with the Boating Ontario Association. We are confident that BOA members and their businesses will benefit significantly from improved access to innovative currency hedging and cross-border accounts payable services,” said Mark Frey, President, Cambridge Global Payments. “Boating Ontario is a member-driven organization that we are very proud to be associated with and we look forward to helping their members grow their businesses and find solutions to their cross-border payment and hedging needs.”
 
 
About Boating Ontario

Boating Ontario proudly represents over 500 member companies throughout the province of Ontario including private & municipal marina operators, boat dealers, brokers and suppliers in Ontario’s diverse recreational boating industry. Boating Ontario, through collaboration and partnerships provide all our members with critical and regulatory support for all aspects of their business through information, advice, direction as well as practical money saving programs. Ultimately our goal is to collaboratively increase the recreational boating market and promote the lifestyle enjoyed by those already involved in the industry. For more information, visit www.boatingontario.ca or contact us at 1-888-547-6662.

About Cambridge Global Payments
 
Cambridge Global Payments, a FLEETCOR company, is a leading provider of integrated cross-border payment services and currency risk management solutions. As a trusted partner for more than 25 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Their award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, they are flexible and responsive, with offices and applicable licensing and regulatory approvals across North America, Europe, and Australia. Learn more at cambridgefx.com and follow them on Twitter & LinkedIn.

Related Posts





Cruisers Yachts Rebrand Flagship Model: Introducing The New 57 Fly

NMEA

Cruisers Yachts, a renowned name in the luxury yacht industry, announces the rebranding of its esteemed 55 FLY model, now named the 57 FLY.
 
“At Cruisers Yachts, we always strive to improve our products and ensure they reflect the true essence of our craftsmanship. After careful consideration, we’ve decided to rename the 55 FLY to the 57 FLY. This change better aligns with the actual length of the yacht and more accurately represents its impressive scale and sophistication.

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



Kropf Industrial Delivers First All-Electric Travel Lift

Kropf Industrial, manufacturer of the industry-leading Conolift line of boat handling equipment, is excited to announce that its first all-electric travel lift is now in service in Ontario. The advanced design has eliminated both the diesel power unit and the hydraulic system, yielding a simplified machine that is quiet, and free from emissions and the risk of spills.

Read More



Mercury Marine enhances Joystick Piloting capabilities, laying the groundwork for an exciting future in effortless autonomous boating

Hubbell-Marine Stainless steel outlet covers

Mercury Marine®, a division of Brunswick Corporation has announced a software update for its SmartCraft®operating system that gives Joystick Piloting powerful new capabilities. The system can now automatically counteract the effects of wind, waves and current while a boater is driving with the joystick, giving them the ability to dock and maneuver with effortless precision.

Read More