ShipMoney, a global maritime provider of digital payment solutions, has announced a new client agreement with luxury yachting experience provider SeaDream.
Celebrating 20 years of providing its guests with the highest standards of service and gourmet dining, SeaDream has decided to ensure its dedicated crews are able to manage their finances wherever they are in the world by using ShipMoney’s tried and tested 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, without having to leave their vessel.
“As the cruise and luxury yachting industries begin to reopen, we felt it was the right time to ensure that our crews did not have to worry about their finances by giving them the power to manage their money online using ShipMoney’s proprietary digital payments platform or using the ShipMoney app,” said SeaDream’s founder, owner & chairman, Atle Brynestad.
“Using the ShipMoney’s payroll programme is very easy and cuts down on administration and wire transfer costs. It also reduces the amount of cash we have to carry onboard,” he added.
As the expansion in digital solutions to provide operational efficiency continues to grow, ShipMoney has been at the forefront of facilitating cost saving programs for crew, vendors and suppliers to the maritime industry by facilitating crew payroll payments, international corporate remittances, money transfers, mobile top-ups, payroll advances, onboard expenses and all other forms of shoreside and B2B payments.
This significantly helps with crew welfare and mental wellbeing as worrying about money is one of the most significant factors in causing high stress levels amongst seafarers. ShipMoney’s digital payment solutions gives control back to crew ensuring they get paid on time and have the ability to manage their finances online.
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, network payments, 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 endeavor. 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.
Established in 2001, SeaDream Yacht Club launched with twin mega-yachts, SeaDream I and SeaDream II, and has achieved the industry’s highest accolades. It is a family owned business founded and owned by Chairman, Atle Brynestad.
The SeaDream team, both shoreside and aboard, enjoy knowing they are providing unprecedented levels of luxury and service.
From May through October, SeaDream I and SeaDream II sail the Mediterranean Sea. From November through April, the twin, mega-yachts visit the turquoise waters of the Caribbean.