ShipMoney Strengthens Its Position in the Market by Providing Financial Payment Services to Campbell Shipping

Global payments provider ShipMoney is arming more maritime crews with financial independence through its innovative electronic maritime payments system, following the latest contract it has secured with Shipmanagement company Campbell Shipping.

ShipMoney is a comprehensive maritime payments system that facilitates onboard payroll payments, employer and employee generated international remittances, money transfers and onboard expense payments through a singular integrated payments platform.

Stuart Ostrow, President of ShipMoney, said:  “I am delighted that ShipMoney will be servicing all of Campbell Shipping’s crew and Captains with our payment solutions. I am very pleased to see a recent positive shift in the attitude of the industry, which is increasingly adapting to the changing world of maritime payments.

“ShipMoney eliminates the need for crew to carry excessive amounts of cash offering safety and security while traveling to and from the vessels, as well as financial independence for seafarers.”

Davina McKenzie, Campbell Group Group Financial Controller, “Campbell Shipping is very pleased to offer this system to our crew members, which allows our seafarers to manage their own payments and reduce the need for cash onboard our ships.”

ShipMoney offers an alternative to how crew members are paid today providing them with real-time access to their wages anywhere and at any time. Through the ShipMoney Visa payroll card, crew can withdraw local currency at ATMs, make purchases, and transfer funds with Western Union and other remittance services.

About ShipMoney

Maritime Payment Solutions, LLC (d/b/a ShipMoney) is an industry leading provider of payment solutions for maritime companies throughout the world 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.  The founder of ShipMoney, Stuart Ostrow, was directly responsible for, and instrumental in the initial development of prepaid payment programs for the cruise line industry.  ShipMoney is the second generation of that endeavour.  ShipMoney is an operating subsidiary of Global Technology Partners, LLC.  GTP is one of the largest international prepaid payment processors in the world providing services and programs in over 30 countries.