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mPayPort, smart payment solutions<br />
What is ShipMoney ® <br />
a revolutionary new program to facilitate<br />
ship-related payments<br />
ShipMoney for Captains<br />
• …is a prepaid purchasing card for provisions, supplies &<br />
emergencies<br />
• …can be setup to include or exclude ATM cash withdrawals<br />
with set limits<br />
• …can be funded at anytime and excess funds can be<br />
debited from cards<br />
• …can be setup with or without card-to-card transfer crew advances<br />
• …provides real-time and downloadable transaction reports for clients<br />
How does Mobile Port Payments work<br />
Shipping Company bank ShipMoney Portal Captain’s Card Mobile Card Reader <strong>Sinwa</strong> bank<br />
• ShipMoney is a prepaid Visa ® Card Program for the<br />
commercial maritime industry<br />
• ShipMoney for Captains can be used for provisions,<br />
emergency repairs and supplies<br />
• ShipMoney for Crew is an alternative to receiving cash<br />
advances and having wires sent home<br />
• ShipMoney cards can be used to pay <strong>Sinwa</strong> at most port<br />
locations with NO MERCHANT FEES<br />
• ShipMoney provides stronger treasury control reducing cash<br />
deliveries and the amount of cash onboard<br />
Step 1 ShipMoney Visa card is issued to the Captain, first officer, etc.<br />
Step 2 Shipping Company wires funds to ShipMoney depository bank<br />
Step 3 Shipping Company logins to ShipMoney Portal and funds cards in real-time 24/7/365<br />
Step 4 <strong>Sinwa</strong> delivers provisions to the ship<br />
Step 5 Captain pays <strong>Sinwa</strong> port agent with his card using the ShipMoney Mobile Card Reader<br />
Step 6 Funds are settled immediately to <strong>Sinwa</strong><br />
The <strong>Sinwa</strong> port agent will receive an SMS notification confirming payment to his phone and<br />
the shipping company and <strong>Sinwa</strong> corporate will receive an email confirming payment as well.
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