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Shipmoney News
V.Group Inks Crew Payment Deal with ShipMoney
ShipMoney announced a new long-term strategic partnership with ship management compnay V. Group to digitalize its seafarers’ payroll system. The deal also enables V. Group to make international corporate remittances, network payments, money transfers and all other forms of shoreside and onboard payments.Companies using ShipMoney’s Account Management System can pay crew members instantly with a single file upload or from their own crewing/payroll system via an API integration.
Bernhard Schulte Shipmanagement Extends Crew Payment with ShipMoney
ShipMoney has expanded its agreement with Bernhard Schulte Shipmanagement (BSM) to include the ship manager’s global fleet.Extending the existing agreement to the worldwide fleet reinforces BSM’s commitment to digitizing its payment processes to enable greater financial management efficiencies for all crew wages and CTM payments while offering seafarers freedom and flexibility to manage their wages.ShipMoney…
ShipMoney Inks Deal with SeaDream for Crew Payment Solution
Maritime digital payment solutions provider ShipMoney announced a new client agreement with SeaDream, enabling the luxury yachting company to ensure its crews are able to manage their finances wherever they are in the world.By using ShipMoney’s digital maritime payment solutions, SeaDream’s crews now have access to their wages in real time so they can transfer money, make scheduled payments, buy goods online and check currency exchange rates before committing to a transaction…
Thome Group Introduces Digital Payment Solutions for Crew Wages
All Thome Group seafarers will now have access to a wide range of digital payment solutions, including crew payroll payments, international remittances, money transfers, mobile tops-ups, payroll advances and onboard expenses.Maritime Payment Solutions, LLC (d/b/a ShipMoney), a global provider of payment solutions for maritime companies, said Wednesday it will be facilitating Thome Group’s crew payments.Thome…
Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay
Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis.Stuart, to start, how did you come create ShipMoney and get into a career in the maritime business?I'm the definition of an accidental salesman.
ShipMoney Continues to Grow, Announces New Hires
Maritime Payment Solutions, LLC (d/b/a ShipMoney), a provider of payment solutions for maritime companies, announced two new hires. Vanessa Torres has joined as…
ShipMoney Digital Payment Solutions for Cash-to-Master Virtual Payments for Seafarers
As the health and welfare of seafarers continues to be a point of focus around the world, Maritime Payment Solutions, LLC (d/b/a ShipMoney), a provider of payment solutions for maritime companies, introduced ShipMoney Virtual Cards and the Transfer Marketplace, a pair of services designed to expedite payments to crew members and their families while providing a broad range of remittance options.ShipMoney’s Virtual Card solution uses Visa’s virtual card technology…
ShipMoney, ISWAN Partner for 'ShipMoney Cares'
ShipMoney, an international maritime payment solution provider, launched a new initiative: ShipMoney Cares. “As a company, it’s very important that we give back to the community that supports us," said Stuart Ostrow, President, ShipMoney. "Together with ISWAN, we will be able to make a real difference in the lives of seafarers who need a helping hand.”The initiative will officially launch on November…
Debra Searle to Speak at Shipping Week.
ShipMoney announced that Debra Searle has been engaged as its keynote speaker at London International Shipping Week as part of promoting the theme “Empowering Women…
ShipMoney Crew Payment Solutions for Tsakos
Seafarers employed on Tsakos-owned vessels operated under its management arrangement with Columbia Shipmanagement will now be paid electronically as opposed to by ‘Cash-by-Master’…