ShipMoney Joins Cruise Line Industry Association in Support of the Industry
Maritime Payment Solutions, LLC (d/b/a ShipMoney), a global leader in maritime payment solutions, announced that the company has become a member of the Cruise Line International Association (CLIA), the world’s largest cruise industry association.
As a member partner of CLIA, ShipMoney supports the organization’s advocacy efforts as the industry moves towards a restart , as well as initiatives that enhance health and security measures on ships. Additionally, the membership offers ShipMoney access to the latest research and exclusive events related to cruise lines. The company’s headquarters are in Miami, Florida, a city known as the cruise capital of the world and a strategic location given ShipMoney’s heritage with the industry.
ShipMoney’s Founder and President Stuart Ostrow said: “Joining CLIA was a natural step in light of our long history with the industry, Cruise lines were our initial target when we pioneered the development and introduction of payroll card programs for crew members. . At that time, the first major cruise line adopted our program, setting the standard for the entire industry to adopt payroll cards as an efficient and beneficial way to pay crew instead of cash. We have since evolved the business to provide a comprehensive crew and corporate payment platform, while also offering our digital solutions to commercial maritime companies, such as Maersk.”
Mr. Ostrow further added: “As the cruise line industry prepares to restart, companies are reevaluating all aspects of their operations and vendors, including crew-related payroll card programs. This new beginning is the perfect opportunity for companies to evaluate the market. We are committed to helping the industry. We were there at the very beginning when we introduced the first maritime payroll card program and it is fitting that we are there now as the industry starts anew. Becoming a CLIA member helps us support the cruise line industry along with initiatives and policies that will advance its objectives.”
Maritime Payment Solutions, LLC (d/b/a ShipMoney) is an industry-leading provider of payment solutions for maritime companies throughout the world, facilitating crew payroll payments, international corporate remittances, network payments, money transfers, mobile top-ups, payroll advances, onboard expenses and all other forms of shoreside and onboard payments. The founder of ShipMoney, Stuart Ostrow, was directly responsible for, and instrumental in the initial development of prepaid payment programs for the cruise line industry. ShipMoney is the second generation of that endeavor. ShipMoney is an operating subsidiary of Global Technology Partners, LLC. GTP is one of the largest international prepaid payment processors in the world providing services and programs in over 30 countries.