Maritime Payment Solutions, LLC – Program Manager of ShipMoney for Crew and ShipMoney for Captains is pleased to announce that it has signed a Norwegian Ship Management Company that operates a fleet of dry cargo vessels, offshore supply vessels and barges adding to a growing list of ShipMoney clients across Europe. The Managing Director of the Company stated “ShipMoney meets our objective of increasing safety, the Program provides significant treasury flexibility regarding onboard cash and reduces the cost of sending funds to the vessels.”
ShipMoney is a prepaid Visa card program developed for the commercial maritime industry to reduce onboard cash while offering a new and unique crew welfare benefit for crew and captains. Since it is relatively expensive to deliver cash to vessels, if the amount of onboard cash and the number of cash deliveries could be reduced, there would be a direct and measurable cost savings.
ShipMoney for Crew is a prepaid Visa payroll card that provides an alternative to receiving some of their wages in cash and the remainder wired home. Crew can use their ShipMoney Visa cards worldwide at ATM’s, online purchases, stores, restaurants as well as to send money home to friends or family.
ShipMoney for Captains is a prepaid Visa purchasing card that provides an alternative way to pay for provisions, emergency repairs and other ship expenses. Cards can be loaded (and unloaded) 24/7/365 with real-time and customized reporting. ShipMoney for Captains provides treasury management with a flexible tool for funding ship operations at a significantly reduced cost.
About Martime Payment Solutions, LLC
Maritime Payment Solutions, LLC – Program Manager for the ShipMoney Program is a subsidiary of Global Technology Partners (GTP). GTP is one of the largest international core processors of prepaid cards, providing services to numerous financial institutions. GTP is certified by VISA CEMEA and offers EMV, multi-currency cards with a comprehensive mobile payments capability. The GTP system is a database driven and rules based platform that provides cardholders access to Visa’s worldwide network of automated teller machines (ATM’s), point-of-sale (POS) devices and internet based merchants. Visit www.gtplimited.com