Support your crew and boost your retention rate
The MarTrust e-wallet and card is a new, next-generation payment solution that significantly improves crew welfare and helps drive retention for ship owners and operators.
Martracon invites MarTrust onboard
Martracon is a longstanding customer of MarTrust; they loved the idea of moving toward a cashless vessel and rolling out the e-wallet to their seafarers.
MarTrust team visited Martracon’s seafarers on their vessels to introduce the e-wallet app’s features and benefits to the crew and why Martracon chose MarTrust.
Click below to read the full story.
MarTrust – the world’s largest specialist maritime payments company
MarTrust is a payment solution and service built especially for the maritime industry.
MarTech meets maritime.
It digitalises and reduces the Cash-to-Master (CTM) requirement by as much as 80% and optimises the payroll process for shipowners and their crews.
Created for companies, captains and crew.
The e-wallet and debit card allows seafarers to send money home faster and cheaper. It also reduces the need for seafarers to manage or store significant amounts of cash, providing increased security and peace of mind that their funds are always safe.
We offer three types of payments services, and you take whichever you need:
1. Paying crew
2. Cash to master
3. Paying suppliers
MarTrust is regulated by the UK’s FCA and is the largest specialist maritime payments provider in the world
We’re backed by Marcura, a 20-year organisation focused on the global maritime industry. As part of our parent company, MarTrust handles over USD 10 billion of maritime-related payments every year.
MarTrust – maritime e-wallet, card and supplier payments provider
106
Shipping companies
50,000
Transactions monthly
105
Countries, crew payment
For your crew – increase retention
MarTrust e-wallet is designed with your seafarers in mind
Allow your seafarers to send money home faster and at a lower cost.
With no annual fees, reduced FX rates and lower transaction fees, your seafarers may send money to family, friends, and shipmates quickly when they’re offshore or onshore using the MarTrust e-wallet.
It is faster and cheaper than exchange houses and banks.
“I liked it very much, it’s a good digital solution I would say- convenient and fast . I can see my salary and overview of my account. When I travel, I like to pay with a MarTrust card.”
Georgie,
Chief Engineer
(14 years)
Send your seafarers their salary on the day you pay them – not 3 days later
Our e-wallet helps you optimise your payroll process, which allows you to pay your crew’s salaries faster.
Companies can now pay salaries, cash advances and bonuses directly to the crew’s e-wallet, enabling your crew to access their funds quickly.
A happy crew is happy sailing!
Less cash in hand,
safer transactions
Increase the safety for your crew and their money when onboard. With an e-wallet, there is no need to carry large amounts of cash to exchange houses, no fear of theft and no risk of infection from unsanitary currency handling.
Give them the power to spend and pay in any way they want: POS, e-shopping, ATMs in over 200 countries and at 25 million locations.
Give your seafarers more control over their funds
With our e-wallet app and card, your crew can:
- transfer money to family, friends and shipmates, wherever they are, at any time
- access cheaper FX rates than exchange houses and banks; this allows them to save money
- be cashless onboard, they can use the card for shopping, ATMs
- track their transactions in real-time and instantly see all of their balances.
Seafarers get full control of personal funds.
The e-wallet allows crew to hold up to 7 different currencies, and when they send money from the e-wallet, crew can send payments in over 130 currencies.
80% reduction in Cash On Board and therefore better working capital
Reduce transaction and FX costs vs today
Simplified processes – payroll and CTM
Enhanced compliance
Read our brochure to know more about MarTrust e-wallet and card, a next-generation payment solution
Our guide on how the MarTrust e-wallet enables shipping companies to reduce cash-to-master transactions and improve the payroll process.
Read:
- How our payment solution enables captains, crew and onshore teams to manage pay, bonuses and advances with ease – and reduce cash on board.
- See screenshots of our product.
- The main benefits to maximise your money with MarTrust
Request for demo
Latest maritime e-wallet and MarTrust news
MarTrust is here to help the world’s 1.9m seafarers
Now almost 1.9 million seafarers work in the maritime industry, according to recent data from UCTAD, with 45% of them being officers and 55% being ratings.
The top 5 countries with the most seafarers are the Philippines, Russia, China, India, Indonesia, and Ukraine – which between them account for 48.5% of the world’s mariners
MarTrust Salary on Demand, a new service in the MarTrust e-wallet app, is launching soon!
We developed the service to benefit seafarers by empowering them to track and utilise their hard-earned income at any time and anywhere, align their income with their expenses, and improve their financial well-being and welfare.
e-wallet and card to enhance seafarers’ welfare launched by MarTrust
Next-generation payment solution can transform the shipping industry’s current outdated system for paying crew salaries, suppliers and reduces the amount of cash on board
MarTrust is featured in the anniversary issue of the InterManager magazine.
InterManager marked its 30-year anniversary in October. Congratulations to everyone at InterManager, including Secretary-General Capt. Kuba Szymanski, for hitting this milestone!
MarTrust is delighted to support InterManager. We are an Associate Member and we were pleased to take an advert in the magazine.