Page 55: of Maritime Reporter Magazine (June 2020)

ShipMoney’s Digital

Payment Solution

As the health and welfare of seafarers continues to be a point of focus globally, Maritime Payment Solutions, LLC (d/b/a ShipMoney), introduced ShipMoney Virtual Cards and the Transfer Marketplace, a pair of services designed to expedite payments to crew members and their fami- • Marine Certfed LED Lightng lies while providing a broad range of remittance options. • 5-Year Warranty • Ant-Corrosive

ShipMoney’s Virtual Card solution uses Visa’s virtual card • Selecton of Beam Angles technology, which enables crew members to immediately access their wages from anywhere in the world while on- including 18-degree board or at home, directly from the ShipMoney App. • Barges • Shipyards • Commercial Craf “Our Virtual Card solution and Transfer Marketplace • Diferent Colors for Varying Applicatons provide effcient and cost-effective ways for companies to pay their crew in real-time, enabling them to disburse • Sizes up to 1000-wats wages at more frequent intervals,” said Stuart Ostrow,

President of ShipMoney. “Money is rapidly placed in the hands of crew and their families at a time when they urgently need it.” www.sonarayled.com

ShipMoney Virtual Cards provide the same feature func- 844.202.5606 tionality as a physical Visa card, allowing seafarers to send money, initiate mobile top-ups and card-to-card transfers, as well as shop online and use their ShipMoney Virtual

Cards with mobile wallets. Crew members also have the

Business news you option of obtaining a physical card and companion cards.

can trust and

A second feature is the Transfer Marketplace, a propri- etary online platform that enables seafarers to directly advertising access multiple remittance partners before sending money, results you can comparing fees, costs, and delivery times, and highlighting count on.

the least expensive option. www.shipmoney.com

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June 2019 BPA