Digital Pay at Sea: Crew Wages, Compliance, and Cashless Ships with Stuart Ostrow of ShipMoney

Episode Overview:

Crews are still getting paid with cash, FedExed checks, and manual wires. is trying to end that. In this episode, explains how digital payroll and controlled payout options are changing how seafarers get paid, how owners manage cash, and how operators stay compliant in a sanctions-heavy world.

This episode of The Last Dinosaur is produced in proud partnership with , a global pitch platform spotlighting the people building the future of maritime.

Sponsor:
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Key Points:

Paying crew is still painfully manual — cash on board, wires, even paper checks.
Digital pay gives seafarers control: they can send money home how they want (bank, wallet, cash pickup).
Removing cash from vessels also helps owners with compliance, auditability, and fraud risk.
Cyber and compliance are daily battles: sanctions, KYC, OTP security, penetration testing.
This isn't just payroll anymore — companies are using these tools for ship stores, superintendent expenses, and vendor payments.