The International Tennis Federation (ITF) have announced a new deal with Australian online foreign exchange company OFX.
OFX becomes the exclusive "global foreign exchange partner" of the ITF, meaning member nations will use the company for international payments.
ITF say bringing all international payments under one company will save money for members and ensure more consistent services.
"The ITF is delighted to partner with OFX, whose global footprint and service will bring multiple benefits for the ITF and the wider tennis community," Kelly Fairweather, chief operating officer pf the ITF, said.
"The ITF, along with our member nations, are responsible for the development and growth of tennis globally and therefore, any savings that can be made mean more can be invested into achieving these objectives."
Sarah Webb, President of OFX UK and Europe, added: "OFX was founded to offer businesses and consumers, like the global ITF sports community, unparalleled service and a fairer deal when transferring money abroad.
"This global partnership will facilitate easier local currency payments and offer tangible savings that can be passed on to all of its member nations and players."