Payments designed for maritime

We enable maritime companies to streamline the process of paying crew, suppliers, and to digitalise Cash to Master.

Vendor payments

Perform secure transactions at a low cost and pay your suppliers around the globe in over 130 currencies with the Xafe™ payment platform. Save on time, banking costs and access highly competitive FX rates. When you work with us you’ll access one of the world’s largest payment networks, 24/7 dedicated customer support and better than bank-grade compliance, from maritime specialists.

Complex maritime payments, simplified

Streamline your vendor payments with the Xafe™ payment platform

• Beneficiary pre-screening
• 24/7 dedicated customer support team
• Over 99% accuracy rate for all payment transfers
• Lower bank charges on every transaction
• Significant time and cost savings

Payments designed for shipping

Our maritime vendor payments platform is built with the shipping industry in mind. When you choose us, not only will you get industry-specific compliance and comprehensive anti-fraud checks with every transaction, but you’ll also access one of the world’s largest payment networks. We work in close partnership with leading global financial institutions, enabling ship owners, vessel operators, ship managers, and crewing companies to make safe and efficient cross-border payments. Even banks rely on us for compliance, so you know you’re in safe hands.

Why choose MarTrust for your vendor payments?

Our payment platform comes with many benefits for your business: Access a global payments network Make safe and efficient cross-border payments through a single access platform, save on banking costs and access highly competitive FX rates. We go above and beyond to deliver savings to you, all whilst adhering to strict compliance standards. With over 99% accuracy rate for all payment transfers, you won’t find a more effective method to make supplier payments. Reduce administration, improve processes Tasks such as chasing delayed payments can take up huge amounts of time and resources, but with our global vendor payments platform you’ll gain access to specialist pre- and post-payments support. Our platform and expertise helps to streamline your internal processes, taking the headache out of managing maritime payments to global suppliers. Enhanced compliance from maritime specialists Experience superior compliance standards surpassing those of banks. Ensure secure transactions with beneficiary information pre-screening and payment file cleaning. Tap into country-specific payment processing expertise enhanced by daily updated sanction information and guard against fraud with robust risk mitigation measures in place. Dedicated support, whenever you need it Rely on our customer-focused team of experienced maritime professionals, who are on hand to offer advice and answer your questions 24/7. We also handle all bank communications so you don’t have to.

Payroll and Crew Account

Significantly improve your payroll processes with our crew payroll platform. Our platform solves the issues many companies face in paying crew members spread across the world. The MarTrust Crew Account helps you optimise the process, allowing you to digitise Cash to Master and for your crew members to receive their salaries quicker.

Simplify your crew payroll process

With our payment platform designed for maritime

• Solves the issues many companies face in paying employees spread across the world
• Reduces the costs associated with making salary payments
• Streamlines the administration process
• Lower charges on every transaction
• Industry-specific compliance and anti-fraud checks
• 24/7 dedicated customer support team

Created for companies and crew

Maritime companies must deal with complex cross-currency and cross-border salary payments to ensure smooth trading, whilst facing a complex regulatory landscape that most payment providers underestimate. MarTrust’s crew payroll solution has been created specifically for the maritime industry and uses the latest technology to improve the payroll process and digitalise Cash-to-Master payments.

Platform benefits for companies

Reduce costs and save time. Our customers enjoy significant financial benefits, such as FX and banking-related savings, in addition to substantial time savings. Simplified processes for payroll and CTM. We help you to digitise and reduce the Cash-to-Master (CTM) requirement by as much as 80%. Enhanced compliance. We provide better than bank-grade compliance, from maritime specialists.

Additional benefits for companies

• Instant settlement to seafarers’ MarTrust Accounts
• Removal of compliance related payment queries
• Full access to MarTrust FX services – over 135 currencies available
• Reduction in workload – one file, one settlement, with two-way integration capabilities with your payroll software
• Automated process for fixed percentage of salary to be paid home
• Significant reduction in associated banking costs

MarTrust Account and debit card for crew members

Give your seafarers more control over their funds. With the MarTrust Account and MarTrust Debit Mastercard, your crew can:

• Transfer money to family wherever they are, at any time
• Access cheaper FX rates than exchange houses and banks
• Be cashless onboard, they can use the card for shopping
• Track their transactions in real time and see all of their balances The MarTrust Account allows crew to hold up to 3 different currencies, and send and spend money aboard in over 135 currencies.