Payments designed for maritime

We enable maritime companies to streamline the process of paying crew, suppliers, and to digitalise Cash to Master.

Find out more below – are you a company or crew?

Company

Crew

500+

Shipping companies trust us

99%+

Payment success rate

$13bn

Payments processed per year

Who we work with

Our maritime payment solutions

Vendor payments

Perform secure transactions at a low cost and pay your suppliers around the globe in over 130 currencies with the Xafe™ payment platform. Save on time, banking costs and access highly competitive FX rates.

When you work with us you’ll access one of the world’s largest payment networks, 24/7 dedicated customer support and better than bank-grade compliance, from maritime specialists.

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Payroll and Crew Account

Significantly improve your payroll processes with our crew payroll platform. Our platform solves the issues many companies face in paying crew members spread across the world.

The MarTrust Crew Account helps you optimise the process, allowing you to digitise Cash to Master and for your crew members to receive their salaries quicker.

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Why choose MarTrust as your payment provider?

Reduce transaction and FX costs vs today

Simplified processes for payroll, CTM and vendor payments

Enhanced compliance

80% reduction in Cash On Board, resulting in improved working capital

Customer feedback

MarTrust has helped us to achieve significant direct cost savings on banking costs, in addition to indirect cost savings through increased efficiencies.

MarTrust’s dedicated support service is very responsive and have helped us to reduce the number of payment queries we previously had.

We have found it refreshing to work with a professional company who understands our needs as a ship manager and most importantly, the needs of our crew.

– Chinasun International Ships Management

Since working with MarTrust, we have seen a significant drop in payment queries, thanks to the pre-payment checks that MarTrust conducts.

This has also helped us to reduce our banking costs and ensures our crew are paid on time, every time.

We would recommend anyone in the Maritime industry to consider using MarTrust’s services.

– Sinoship Seafarer Management Co., Ltd.

Working with MarTrust has assisted our daily payment business significantly.

Once the system was implemented, the number of payment queries decreased noticeably, the transfer costs more than halved and a much wider spectrum of currencies is available allowing for savings on foreign exchanges. The support is professional and swift with a dynamic team who know the maritime industry and its requirements.

We can only strongly recommend MarTrust as a partner for payment services.

– Martracon Deutschland

MarTrust is an easy-to-use system.

Customer service is always accessible to help us with any questions we may have, and we have a very helpful direct contact in your company.

– Seafarer

MarTrust is very good for seafarers.

We can do shopping in any country and we can easily exchange our currency too, I would like to thank MarTrust and Anglo-Eastern too for making it easily available for all seafarers making payments anywhere, all over the world.

– Anglo-Eastern Seafarer

Unfortunately, most Russian banks do not have access to SWIFT transfers due to sanctions. In connection with this, companies and seafarers have problems with the transfer of wages home.

MarTrust allows transferring directly to the bank, as well as withdrawing cash from ATMs.

Convenient, simple application interface, minimal transfer fees and 24-hour support service make MarTrust a good tool in today’s realities

– Seafarer

MarTrust gives you flexibility – you can transfer your money worldwide.

You get a favourable exchange rate when payment is done through MarTrust Mastercard and rapid transfers from the MarTrust Account to my local bank

– Seafarer

How do crew members rate us?

Here’s how crew members rated their experience when using MarTrust

Customer testimonials

Seatrade

“Benefits for the company, cash flow control and timesaving, and for the seafarers; they are completely in control of their funds, and that is a huge benefit for them.”

Richard from Seatrade on how they have been able to reduce Cash to Master transactions, boost cash flow, and streamline the payroll process.

View more customer stories

Resources for companies and crew

Explore a variety of resources on maritime payments, including customer success stories and guides. Accessing our content is now hassle-free, requiring no sign-up. Delve into our guides and resources for more information.

Discover our resources

Latest maritime payments and company news

Home - optimising maritime supplier payments

Optimising maritime supplier payments: Solutions for a complex landscape

Scale, complexity, speed and accuracy are issues affecting many areas of the maritime industry. Payments are a particularly challenging area of maritime operations for several important reasons. The level of complexity involved, compounded by the large number of payments enacted by maritime businesses, is increasing. Finance teams are therefore under…

New report: Navigating new financial seas

The insightful report discusses how to deploy digital solutions to maximise profit and reduce risk. Shipping companies are increasingly turning to digital solutions to optimise different aspects of a voyage and CFOs have become more involved in making decisions to support digital transformation. The value of these solutions might be clear to one working in the operational department, but for the finance team, the benefits may be less clear-cut.

Mitsui O.S.K. Lines introduce MarTrust’s payment service for seafarers

Mitsui O.S.K. Lines recently announced their decision to introduce MarTrust’s E-Wallet payment solution for all seafarers onboard vessels managed by MOL Group ship management companies. The introduction of MarTrust aims to improve seafarers’ quality of life by providing a portion of payroll through electronic payment services on mobile applications.

MarTrust webinar: How to reduce the complexity of payments in the maritime industry

The MarTrust team recently held an informative webinar on how to reduce the complexity of payments in the maritime industry. Watch the webinar now to learn how to streamline the payroll payments process, optimise business to business payments, and reduce complexity and costs when making cross-border and cross-currency payments.

MarTrust appoints Stuart Gregory as new CEO

In a strategic move to bolster its position in the maritime payments sector, MarTrust – the maritime payments provider – is set to undergo a renewed phase of development and expansion. Over the past years, under the leadership of Domenico Carlucci and with the steadfast support of the Marcura Board, MarTrust has become a prominent fintech entity, managing over $12bn payments annually.

Anglo-Eastern chooses MarTrust’s E-Wallet solution to manage payments, ensure compliance, and protect seafarers

Next-generation payment solution playing critical role in protecting seafarers’ payments amidst market of increased sanctions and compliance

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