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Abstract:The Association of Tennis Professionals (ATP), a tennis group, recently announced a collaboration with OFX to boost financial services.
The Association of Tennis Professionals (ATP), a tennis group, recently announced a collaboration with OFX to boost financial services. According to OFXs Press release, OFX will provide a range of global payment solutions to ATP, including prize money payments, a prize money player platform, and corporate FX transactions. The partnership aims to simplify payment processes, enhance data security, and expedite payments for players in their preferred currency.
Daniele Sanò, ATP Chief Business Officer said, “Last season the ATP Tour delivered a record US$230 million in compensation to players all over the world, OFXs services will help us optimize our financial operations, add value to players, and create efficiencies across our global ecosystem. Our partnership is a true brand fit.”
Josh Goines, OFX North American regional president said “This partnership underscores our dedication to supporting the growth of the ATP and reflects our commitment to delivering seamless financial solutions to these tremendous athletes worldwide.”
According to OFX, OFX becomes the Official Prize Money Payment Partner of the ATP Tour, through 2027, delivering its leading currency exchange services across the global Tour.
About ATP
The ATP is the global governing body for men's professional tennis. The ATP's global headquarters are located in London. It was established in September 1972. It operates the ATP Tour, the Challenger Tour, the second-tier tournaments, and the ATP Champions Tour.
About OFX
OFX is an Australian-based financial services company that specializes in online foreign exchange and international payments Founded in 1998. Originally known as OzForex, the company rebranded to OFX in 2015 and has been in operation for several years. OFX is entirely legitimate. It is regulated by ASIC in the Market Making(MM) business.
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