Worldwide Launch of GlobalPay Legal
Travelex Global Business Payments, a leading provider of international payments and foreign exchange solutions, today announced the global expansion of its vertical market strategy in the legal sector with the worldwide launch of the GlobalPay Legal offering. Building on the successes in North America, Travelex has been successfully growing its business in the legal sector and on-boarding new clients across the globe.
âTravelex remains committed to our vertical market strategy and Iâm excited by the positive response we have received within the legal industry,â said Christopher Russell, Travelexâs executive vice president and global vertical markets director. âWith the worldwide launch of GlobalPay Legal, we will now be able to offer a more industry-specific payment solution to law firms and their clients around the world.â
With best-in-class global payment solutions and industry-specific experience, Travelex continues to gain traction within the legal marketplace by expanding ongoing engagements as well as adding new clients to the roster. Some ongoing engagements include Dority & Manning in the US and recent wins in the UK, France and Australia.
âTravelex prides itself on providing clients with domestic and international payment solutions that are tailored to meet their specific business needs and GlobalPay Legal is no exception,â said Alfred Nader, vice president of the legal vertical market for Travelex. âThe increasingly complex, global nature of law firms and their partners requires a unique, customized solution that provides flexibility, transparency and control in the payment process.â
GlobalPay Legal offers all of the same functionality as the flagship offering with benefits tailored for the legal industry such as integrating directly with existing law firm systems to cut costs and minimize operations. Specifically, the Future Payment feature provides law firms with additional predictability in both domestic and international payments when working with outside partners and vendors.
Travelex will be unveiling GlobalPay Legal and showcasing its functionality for the media and selective audience at the 2010 International Trademark Associationâs Annual Meeting in Boston, MA on May 22-26, 2010.
Representatives from Travelexâs team worldwide will be available at Booth 133 and 135 during the event. Additionally, the Travelex hospitality suite in Seaport Room B at the Seaport Hotel and World Trade Center will be open all day on Tuesday, May 25, 2010.