Crew Cashcard a Continuing Success

Immediate benefits are achieved from bypassing the traditional practice of cash payroll payment distribution at ports of call. Benefits for the seafarers include safety and better funds security, immediate availability of funds, electronic bill payments, money transfer services and access to cardholders’ services.

Several leading Ship Management companies have signed contracts to participate in CrewCash™Card, a revolutionary payroll and benefits program. Seafarers employed for participating companies will receive electronic payroll payments directly deposited on a custom branded MasterCard Prepaid Debit card.

Captain Georges Kassotou Leader of the project of the Latin america region said “The card comes with the added protection benefit provided by ATMSafe™ insurance”. Any cardholder will be protected against loss and injury due to a robbery while using his/her CrewCashCard at any ATM, from a mobile device or at any point-of-sale, worldwide.

The CrewCashCard is a product offering of Cardplatforms LLC with partnership Master Card, a Florida-based US technology and financial services company with offices in Panamá and the Philippines as well.

The first companies to offer this innovative payment program are Akron Trade &Transport, Lotus Shipping, Leon Shipping & Trading, Kyla Shipping Enterprises Corp., Entrust Shipping and Tsakos Shipping & Trading, one of the world’s largest manager and operator of tanker, container and dry cargo vessels

About Cardplatforms Cardplatforms provides design, launch, marketing, and retention support tools to the prepaid financial industry. Cardplatforms manages the issuance of MasterCard® and Visa® prepaid cards globally, and provides support to prepaid card programs whether operated by Cardplatforms or other program managers. Cardplatforms delivers services for expanding and enhancing the cardholder experience through CARDPOINT™, a proprietary issuing, services, and retention platform featuring mobile, customer service, marketing and media expertise in a one-stop setting. Visit http://www.cardplatforms.com for more information. About MasterCard MasterCard, http://www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities — such as shopping, traveling, running a business and managing finances — easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.