for international wires?
costs are and how much idle cash
is maintained onboard?
ShipMoney is an industry-leading provider of payment solutions for maritime companies throughout the world. We develop efficient, customized cost-saving programs for crew, vendors and suppliers facilitating crew payroll payments, international corporate remittances, money transfers, mobile top-ups, payroll advances, onboard expenses and all other forms of shoreside and onboard payments.
Historically, crew have been paid with cash onboard and a wire payment sent home, a very costly and inefficient way to administer onboard pay that has not changed in several decades.
ShipMoney enables employers to offer crew the flexibility to directly manage their wages providing them with immediate access and control anywhere and at any time in a very cost-efficient manner.
With ShipMoney, you can deposit, hold and manage over 100 currencies within a singular account simultaneously. Send payments worldwide 24/7 with our online platform or process bulk payments with our simple file upload functionality.
With ShipMoney, you can automate payments by integrating your finance and accounting systems with our corporate payment system. With our API library, you can convert and send funds instantaneously, book trades in advance or distribute payments worldwide.
ShipMoney’s global payment solutions is powered by Associated Foreign Exchange, Inc (“AFEX”). AFEX is licensed and regulated as a Money Transmitter and also as a Money Service Business – more information is available via the following link https://www.afex.com/unitedstates/compliance_legal.php
ShipMoney is a privately held Florida based company and is an operating subsidiary of Global Technology Partners, LLC (GTP). GTP is one of the largest international core prepaid payment processors in the world providing processing and program management services to over 80 banks in 30+ countries.
The business supports over 2 million active prepaid accounts with deposits approaching $2 billion annually. GTP is a privately held Visa and MasterCard certified company based in Tulsa, Oklahoma principally owned by the Merrick Family Trust with minority interests owned by GTP’s executives and Argonaut Private Equity, a $3 billion private equity firm
Our team is responsive, resourceful, and committed to providing the right solutions for you. We’re quite sure you’re going to enjoy seeing how they simplify your life!
It is ALWAYS about the crew.
They work for our clients and we work for them.
This is a relationship business.
We foster and invest in relationships with our clients, vendors and partners.
Technology is important.
People are more important.
Development is not an end game.
We are constantly improving ShipMoney to provide unparalleled payment solutions.
We’d love to talk with you about how your crew members, vendors and suppliers are paid today, and how our payment solutions can reduce your remittance costs and simplify your international payments.
Please fill out the short form below and we will be in contact shortly.