Ecommerce Community Partnership Benefits Merchants Seeking Better International Payments

Sep 12, 2017: SAN FRANCISCO and SYDNEY, Sept. 12, 2017 /PRNewswire/ -- OFX (ASX: OFX), one of the world's largest international payments providers, today announced their relationship with Retail Global to be the official Global Currency Exchange Provider for their growing retailer conference business. Retail Global is a leading ecommerce conference provider with a passion for helping the global trade community thrive. The Retail Global OFX relationship benefits ecommerce merchants who want a smarter way to move money internationally to support their global growth.

Another Bold Move as OFX Further Supports Online Sellers' Smart Global Money Transfers

As the volume of online retail purchases continues to grow globally, ecommerce merchants look for forums to engage with each other and learn about extending their businesses to other places. Retail Global hosts annual conferences in both Las Vegas (12 September 2017) and on the Australian Gold Coast (May 2018) every year, reaching hundreds of internationally focused online sellers.

Retail Global and OFX both share a commitment to supporting the future success of the global online seller community with common roots that include sharing knowledge to help those trading overseas, growing a customer base in multiple countries, and, business headquarters in Australia. This partnership will help OFX continue to provide guidance to the seller community on best practices for managing their foreign exchange needs.

In fact, Retail Global founder Phil Leahy, Australia's largest eBay seller for a number of years, is a customer of OFX. "Retail Global has been in the forefront of online retail for over 11 years, supporting businesses and providing tools and advice for the many retailers who attend our conferences each year. This partnership with OFX cements our commitment to drive and support cross border online selling communities. We aim to educate and provide the best currency exchange technology to our growing sellers and lead by example. It is great to have OFX as our Global Currency Exchange Provider, a service we use for our business."

Growing Demand for Currency Management Among Global Online Sellers

"Since our entry in the ecommerce space, we've seen the potential to impact global online sellers and their ever-increasing currency management needs," said David Nicholls, Director of Enterprise Development and Ecommerce for OFX. "We want to make global money transfers fast, easy and secure. By combining OFX's currency account technology with Retail Global's strong online seller community we are showcasing our commitment to providing best-in-class payment capabilities to global ecommerce businesses."

About OFX
OFX gives consumers and businesses a smarter, online and mobile alternative to existing currency exchange services. Since its launch in 1998, OFX has transferred more than $100B in 55 currencies across the globe. Drawing from two decades of experience, OFX Group is a leading global money transfer business, with over 300 employees and offices in San Francisco, Sydney, Toronto, San Francisco, London, Hong Kong and Auckland.

The OFX Group Limited is a publicly listed entity with shares on the Australian Securities Exchange ("ASX") under the code "OFX." The parent group is consolidating services under the global brand OFX from prior brands OzForex, UKForex, USForex, CanadianForex, NZForex, Tranzfers and ClearFX. OFX also powers the international money transfer services of Travelex, MoneyGram, ING Direct, Macquarie International Money Transfers and other international financial institutions. For more information on OFX, visit www.OFX.com.

About Retail Global
Retail Global is a leading ecommerce conference provider with a passion for the industry and helping others who conduct business on marketplaces and cross-border. Their goal is to provide highly relevant education and a networking forum for the online seller community as it continues to grow in the US and globally. This year marks their twelfth year of the conference in Australia, where they remain Australia's most trusted ecommerce event, and the third year of their growing annual presence in Las Vegas.

For more information, please contact:

Media Contacts
Melita DeHazes, OFX
(415) 364-6614
Melita.dehazes@ofx.com

Justin Lavelle, Justin Lavelle Communications, LLC
(703) 912-7671
Justin@justinlavelle.com

Olivia Novello
+61 431 377 114
olivia@retailglobal.com