ShipMoney Signs Marketing Agreement with SBNTEX

MarineLink.com
Friday, February 07, 2014

The Program Manager of the Visa ShipMoney Program announced that it has signed a multiyear Marketing and Business Development Agreement with SBNTEX, a wholly owned subsidiary of SBN Technologics.

Under terms of the multiyear Agreement, SBNT will market and promote the ShipMoney Program to its customers and prospects throughout the world for the commercial maritime industry independently or as an integral component of SBNT’s payroll CTM module (PRC).

S.B. Nair of SBNT stated, “Visa ShipMoney is a fantastic new benefit program for captains and crew that provides a safe, inexpensive alternative to cash onboard. The program offers a perfect strategic solution for our payroll and cash-to-master modules.”

ShipMoney for Crew is a prepaid Visa payroll card that provides an alternative to receiving wages in cash or wires home. Crew can use their ShipMoney Visa cards worldwide at ATMs, online purchases, stores, restaurants as well as to send money home to friends or family.

ShipMoney for Captains is a prepaid Visa purchasing card that provides an alternative way to pay for provisions, emergency repairs and other ship expenses. Cards can be loaded (and unloaded) 24/7/365 with real-time and customized reporting. ShipMoney for Captains provides treasury management with a flexible tool for funding ship operations at a significantly reduced cost.

“The response and interest from SBNT’s clients has been tremendous. ShipMoney provides significant treasury flexibility regarding onboard cash and reduces the cost of sending funds to the vessels. An important factor in today’s difficult market,” noted Stuart Ostrow, President of Maritime Payment Solutions.

gtplimited.com

sbntex.com
 

Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

TNO Receives 'International Media Award for Prevention'

The Engagementgame developed by TNO in collaboration with partners is the winner of the 'International Media Award for Prevention' in the category Multi Media.

More German Shipowners Look to Gibdock for Repairs

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent

Contracts

New Superyacht ROCKIT.IT Launched by Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand,

FTA Approves WSF Ferry Terminal Plans

In the latest Washington State Ferries Weekly Update, Capt. George A. Capacci, Interim Assistant Secretary WSDOT/Ferries Division briefs as follows: "FTA approves

NZ Interislander Ferry to Dry-dock in Devonport

NewZealand's KiwiRail says that the Interislander ferry Arahura has left Wellington for her scheduled bi-annual dry-docking in Devonport, having last visited Auckland in July 2012.

Finance

A Boost for UK Offshore Drilling? DW Monday Muses

Drilling activity offshore UK is now expected to increase over the next few years as government and industry reacts to the recommendations in Sir Ian Wood’s report

MHI, IHI & DBJ Join Forces On Investments

Mitsubishi Heavy Industries, Ltd. (MHI), IHI Corporation and the Development Bank of Japan Inc. (DBJ) concluded a three-way formal agreement today on their respective

Clarksons PLC Perform Strongly in 1H 2014

Leading shipping services group, Clarksons PLC reports strong strong financial performance in the first half of 2014. Financial Results Clarksons increased revenues by 25% to £111.

News

RIMPAC Exercise Puts LCS Through Paces

It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

TNO Receives 'International Media Award for Prevention'

The Engagementgame developed by TNO in collaboration with partners is the winner of the 'International Media Award for Prevention' in the category Multi Media.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1585 sec (6 req/sec)