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Campbell Shipping agrees ShipMoney deal

Stuart Ostrow, ShipMoney Stuart Ostrow, ShipMoney

ShipMoney has agreed a deal with shipmanagement company Campbell Shipping to implement its electronic maritime payments system, used for onboard payroll payments, employer and employee generated international remittances, money transfers and onboard expense payments.

{mprestriction ids="1,2"}“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,” said Davina McKenzie, Campbell Group financial controller.

ShipMoney provides crew with real-time access to their wages through the ShipMoney Visa payroll card, which can be used to withdraw local currency at ATMs, make purchases, and transfer funds with Western Union and other remittance services.

“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,” said Stuart Ostrow, president of ShipMoney.

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

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