Maritime settlement service supplier ShipMoney has actually expanded its Maritime Payment Services Agreement with Helikon Shipping right into a lasting multi-year partnership.
ShipMoney has actually been made use of by Helikon to pay incomes to team participants onboard under its company for the last a number of years and also made a decision to expand the partnership provided the success of the program and also the forthcoming growth of the Helikon fleet.
“The ShipMoney Program is very well received by our crew members, providing them with a range of remittance options while onboard saving them time and money while in port,” stated Helikon handling supervisorMichael Papaioannou “For our company, the program has streamlined our onboard crew payment process, reduced our costs and providing a new benefit to our valued crewmembers and their families. We are pleased to work with ShipMoney on an exclusive basis for our onboard crew payments.”
Stuart Ostrow, President of ShipMoney, stated: “It’s been such a pleasure working with Michael and his team at Helikon. We are excited to extend our relationship with the company. We are looking forward to introducing some new and innovative services to their crew in the near future”
ShipMoney claims that its system uses team full control and also accessibility to their incomes while onboard ship, consisting of the timing and also money of compensations sent out residence. It decreases the demand for big quantities of money to be provided to ships and also removes the demand for Helikon to provide private team cable repayments sent out to residence savings account.
Founder Stuart Ostrow was straight in charge of, and also crucial, in the first advancement and also fostering of the pre-paid settlement programs for the cruise ship line sector. ShipMoney is the 2nd generation of this undertaking.
ShipMoney is an operating subsidiary of Global Technology Partners, LLC. GTP is just one of the biggest worldwide pre-paid settlement cpus on the planet offering solutions and also programs in over 30 nations in collaboration with over seventy financial institutions.