Bühler GmbHTelestackViganTOC Europe 2023CimbriaThe Wolfson Centre for Bulk Solids Handling Technology
  • Bühler GmbH
  • Port of Stockton
  • TOC Europe 2023
  • Telestack
  • TBA Group
  • Cimbria

ShipMoney introduces Money Transfer Scheduler

ShipMoney introduces Money Transfer Scheduler

(Posted on 11/07/21)

Maritime Payment Solutions, LLC (ShipMoney), a global provider of digital payment solutions for maritime companies, has launched the ShipMoney Money Transfer Scheduler. This new feature allows seafarers to preschedule automated transfers from their ShipMoney cards to bank accounts, companion cards, as well as for cash pickup via MoneyGram, TransFast and soon, Western Union. By using the ShipMoney app or website, crew have the option to create scheduled transfers when a payroll deposit is made, or select the day and amount to be transferred for each beneficiary. They also have the ability to set a single or recurring transfer. There is no limit to the number of transfers that can be prescheduled, and once confirmed, they will occur automatically, regardless of whether the seafarer has an internet or Wi-Fi connection. With the Money Transfer Scheduler, crew gain significant flexibility and control over their money. Commenting on the new Scheduler, Stuart Ostrow, President of ShipMoney said, “We believe that ShipMoney is the only program in the world with scheduling functionality that simultaneously encompasses bank wire transfers, cash payouts, card-to-card transfers and—in the near future--mobile top-ups. It empowers seafarers to schedule transfers and cash payouts at a time that is convenient for them, providing the ability to select different modalities, different amounts on different days to multiple beneficiaries. The Money Transfer Scheduler also benefits shipping companies as it reduces their administrative burden by shifting the responsibility of money transfers to their crews. It is a prime example of how digital payment solutions are revolutionizing maritime.” ShipMoney’s payment solutions have been adopted by some of the largest operators within the cruise and commercial maritime sectors, as the cost-savings and increased operational efficiencies of digitalization become increasingly apparent. ShipMoney’s proprietary and innovative platform facilitates crew payroll payments, international corporate remittances, money transfers, mobile top-ups, payroll advances, onboard expenses, and all other forms of shoreside and onboard payments.

Latest News

Groke brings new situation awareness expertise to One Sea

(Posted on 24/03/23)

One Sea has welcomeed Finnish start-up Groke Technologies as its new member, bringing additional expertise... Read more


ClassNK releases FAQs on EU-ETS for shipping

(Posted on 24/03/23)

ClassNK has released “FAQs on the EU-ETS for Shipping”, an overview and necessary preparation... Read more


New AXSMarine tool helps users visualize CO2 emissions and CII

(Posted on 20/03/23)

AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more


Shipzero advances the decarbonization of logistics

(Posted on 20/03/23)

Shipzero is enabling transport and logistics companies to create transparency about their emissions... Read more


Isle of Man Ship Registry joins INTERCARGO

(Posted on 07/03/23)

The Isle of Man Ship Registry (IOMSR) has become an associate member of The International Association... Read more


More investment into crews’ health and nutrition says MCTC

(Posted on 07/03/23)

The wellbeing of crew members is becoming more important to shipping companies says leading catering... Read more


Strong demand and diversified vessel portfolio fuels strong Algoma performance

(Posted on 28/02/23)

Canada based Algoma Central Corporation has reported its results for the year ended 31 December, 2022... Read more


Ukrainian seafarers back, but many have suffered trauma

(Posted on 24/02/23)

Ukrainian seafarers have largely returned to international shipping thereby restoring balance in crew... Read more


Round Table prioritises seafarers at first in-person meeting since COVID

(Posted on 24/02/23)

The Chairs of the Round Table of International Shipping Associations met in Athens last week to renew... Read more


AXSMarine invests in Nextvoyage

(Posted on 21/02/23)

AXSMarine, a leading provider of SaaS shipping software and data for decision making in the chartering... Read more


Van AalstPort of StocktonTBA GroupSailors SocietyPort of South Louisiana
  • Port of South Louisiana
  • Van Aalst
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping