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.
- Crew payroll
- Business payments
- Cash to Master
- Make payroll and business payments with our platform – reduce your transaction and FX costs
- Digitise your Cash to Master payments – reduce cash on board
- Ensure industry compliance with our dedicated compliance team
- Crew can send funds home faster and cheaper with our E-Wallet app
Find out more below – are you a company or crew?
MarTrust appoints new CEO to drive next phase of growth in maritime payments market
Recognising the vast opportunities and challenges in the ever-evolving maritime payments market, MarTrust announces the appointment of Stuart Gregory as CEO.
Stuart brings a wealth of fintech expertise, having been instrumental in building and scaling Wise Business through to its successful public listing in London.
250+
Shipping companies on board
60,000
Transactions monthly
$12bn
Worth of payments per year
Who we work with
Video: An introduction to MarTrust
Find out how we can help you in under 3 minutes
Our maritime payment solutions
Payroll platform and E-Wallet
Significantly improve your payroll processes with our maritime payment platform.
Our payment software solves the issues many companies face in paying crew members spread across the world.
Our E-Wallet helps you optimise your payments – allowing you to digitise Cash to Master and for your crew members to receive their salaries quicker.
Business payments
Make safe and efficient cross-border payments through our maritime payment platform.
Save on 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 lower charges on every transaction.
Why choose MarTrust as your payment provider?
Reduce transaction and FX costs vs today
Simplified processes for payroll, CTM and business payments
Enhanced compliance
80% reduction in Cash On Board and therefore better working capital
Customer feedback
How do crew members rate us?
Here’s how crew members rated their experience when using MarTrust
Corporate guide – how shipping companies can improve the maritime payroll process and reduce costs
- How our maritime payment platform and payroll solution enables captains, crew and onshore teams to manage pay, bonuses and advances with ease – and reduce cash on board
- See screenshots of our solution
- The main benefits of the MarTrust maritime payment solution
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.
Misuga Ship Management
“Sending funds to colleagues is very easy. I sent money to my 3rd engineer, and he received it in 1-2 minutes.”
Captain Villavicencio explains how the MarTrust E-Wallet enables him to send funds to crew members at the push of a button and removes seafarers’ need to have to wait until they’re onshore to send money home using expensive remittance services.
ABC Maritime
“We are saving funds in hundreds of thousands of dollars per year because now the captain has his MarTrust card onboard.”
George explains how implementing the MarTrust E-Wallet has saved hundreds of thousands of dollars for ABC Maritime, and that it provides the ability for seafarers to instantly receive and send funds at competitive FX rates.
Contact our team to request a demo
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Resources for companies and crew
On-demand webinar for companies
How to reduce the complexity of payments in the maritime industry
This informative 30-minute webinar covers how to streamline payroll and business payments. It delves also delves into how to reduce complexity and costs when making cross-border and cross-currency payments.
Guide for companies
Unlocking seamless payments in the maritime industry
In today’s fast-paced and interconnected world, payment complexity in maritime is increasing.
This comprehensive guide equips you with the knowledge and insights necessary to overcome some of the different payment hurdles within the industry.
On-demand webinar for companies
How streamlined payment processes improve crew welfare and decrease costs for maritime companies
Watch this webinar on how streamlining payment processes improves crew welfare and decreases costs for maritime companies.
Latest maritime payments and company news
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.
Next-generation payment solution playing critical role in protecting seafarers’ payments amidst market of increased sanctions and compliance
Welcome to the latest edition of MarTrust’s Maritime Payments Update. We have a new comprehensive guide to share with you on Unlocking Seamless Payments in Maritime. You can also now view all of our resources without providing your email address. Our resources include brochures, informative guides and videos.
We are pleased to introduce our latest free guide, Unlocking Seamless Payments in the Maritime Industry. This comprehensive guide equips you with the knowledge and insights necessary to overcome some of the different payment hurdles within the industry.
The Marcura Group acquires ShipServ
The Marcura Group today announced that it has signed a definitive agreement to acquire ShipServ, a leading maritime online procurement platform and marketplace.
MarTrust was featured in Ship Management International recently. The article highlights the difficulties seafarers face when sending money home or receiving payment due to sanctions on financial institutions associated with specific states.
Next-generation compliant and flexible payment solution