Fruit & Vegetable Magazine

Equipment News
Used-farm equipment listing platform partners with OFX to allow currency conversions


September 23, 2020
By Fruit and Vegetable

AgDealer, a Canadian used farm equipment shopper and online listing platform, and OFX Group Limited (OFX), an online currency exchange provider, partnered to allow currency conversion resources for farmers and equipment buyers that are lower in cost compared to banks according to the companies.

With the announcement, farmers, distributors and equipment buyers located outside of Canada will have the opportunity to assist their equipment purchases found on AgDealer.com using the services of OFX currency exchange.

“We are excited to offer more resources for equipment buyers outside of Canada. By partnering with OFX, AgDealer.com users can quickly access easy to use and low-cost currency conversion through the click of a button,” said Nathan Mitchell, vice president of listings with Glacier FarmMedia. “We know that in today’s world, cross-border shipments of used farm equipment is becoming more common, especially with the current U.S. and Canadian dollar exchange rates.”

Advertisment

Buyers around the world can complete cross-border payments with over 55 currencies supported by OFX and will have access to OFX’s local and global payment specialists, secure online platform and 24/7 customer support.

“With the fluctuations between the Canadian and U.S. dollar, the partnership between OFX and AgDealer gives farmers, dealers and distributors the ability to purchase farm equipment from Canada and save money on the exchange rate compared to using a bank,” said Alfred Nader, OFX president of North America. “This partnership will give AgDealer customers another resource for their purchases – a win-win for everyone.”