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Maritime Risk International

Digital payments crucial to safety of seafarers

Stuart Ostrow, ShipMoney, warns that cash is no longer king and suggests shipping companies must invest in digital payments for crew members

Providing reliable and efficient payment solutions for crew members has never been more crucial. Giving seafarers the financial autonomy to manage their own finances without having to endure long queues during their limited shore leave is a crucial move for vessel operators as they start to look at digitalising every other aspect of their operations.

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