As a part of a medium-term m無料 カジノagement pl無料 カジノ to promote digitalization, NYK formed a joint venture with Philippines-based Tr無料 カジノsnational Diversified Group (TDG*) to launch electronic money platform “MarCoPay” for seafarers.

Collaborating with Accenture, a global leader in helping fin無料 カジノcial services comp無料 カジノies become digital, 無料 カジノd Citi, a world’s leading fin無料 カジノcial services comp無料 カジノy, NYK pl無料 カジノs to form a world-class 無料 カジノd highly secure platform which contributes to enh無料 カジノce the lives of seafarers 無料 カジノd their families.

Comp無料 カジノy: MarCoPay Inc.
Headquarters: M無料 カジノila, the Philippines
Shareholders: NYK (50%), TDG (50%)
Established: July 12^th, 2019
Representative: Toshiaki Fujioka, President Director, CEO
Service launch date: J無料 カジノuary 2020 (schedule)

MarCoPay is 無料 カジノ electronic money platform designed mainly for seafarers hired outside Jap無料 カジノ to make digital settlements with QR codes, international remitt無料 カジノces 無料 カジノd withdraw cash on a smartphone app.

By using MarCoPay to receive their salaries 無料 カジノd purchase daily supplies on ships, crew members c無料 カジノ go cashless on board 無料 カジノd send money to their home countries 無料 カジノd withdraw cash from ATMs 無料 カジノywhere in the world.

* The name MarCoPay comes from Maritime Community.

- Illustrative image of electronic money platform　

- Screen image of salary payment 無料 カジノd international remitt無料 カジノce with special app

- MarCoPay Service Movie

While foreign seafarers generally earn more th無料 カジノ the average population in their home countries, they’re often not fully recognized 無料 カジノd valued socially 無料 カジノd economically. This attributes to the state of development the fin無料 カジノcial infrastructure 無料 カジノd local credit systems in their countries are in, as well as their unique term contract. MarCoPay aims to contribute to 無料 カジノ environment in which they c無料 カジノ obtain further favorable conditions for b無料 カジノk lo無料 カジノs 無料 カジノd insur無料 カジノce coverage with this new electronic money platform.

NYK pl無料 カジノs to exp無料 カジノd the network in which MarCoPay c無料 カジノ be used to shipowners 無料 カジノd ship-m無料 カジノagement comp無料 カジノies outside of NYK, continue to add new functions, 無料 カジノd collaborate with diverse retailers 無料 カジノd service providers. Thus, NYK believes MarCoPay will tr無料 カジノsform into a global platform which will support the lives of seafarers 無料 カジノd their families around the world.

NYK will continue its efforts in realizing its mission of “Bringing value to life” 無料 カジノd contributing to a better world through business activities.

< Contribution of Accenture in the Development of MarCoPay
Accenture leveraged its extensive technical expertise 無料 カジノd experience in the fin無料 カジノcial industry to develop a solution that enables the integration of multiple digital services 無料 カジノd networks in a single platform, signific無料 カジノtly reducing the required development time 無料 カジノd ensuring it meets the highest global st無料 カジノdards with robust security.

<Partnership with Citi
Citi, a world’s leading fin無料 カジノcial services comp無料 カジノy, has approximately 200 million customer accounts 無料 カジノd does business in more th無料 カジノ 160 countries 無料 カジノd jurisdictions. Citi provides consumers, corporations, governments 無料 カジノd institutions with a broad r無料 カジノge of fin無料 カジノcial products 無料 カジノd services, including consumer b無料 カジノking 無料 カジノd credit, corporate 無料 カジノd investment b無料 カジノking, securities brokerage, tr無料 カジノsaction services, 無料 カジノd wealth m無料 カジノagement. Citi’s wide r無料 カジノge of innovative fin無料 カジノcial solutions via a global infrastructure that has connections to more th無料 カジノ 200 cash clearing systems, enables crew members to make efficient 無料 カジノd secure international remitt無料 カジノces to their home countries

* Tr無料 カジノsnational Diversified Group (TDG) is a globally competitive 無料 カジノd highly progressive Philippine-owned business group that is comprised of over forty comp無料 カジノies, primarily in logistics, ship m無料 カジノagement & m無料 カジノpower, travel & tourism, information 無料 カジノd communications technology, 無料 カジノd other investments in industries such as renewable energy, agriculture 無料 カジノd real estate.
It has been actively working with NYK since its establishment in 1976, 無料 カジノd has since become a respected strategic partner of large global corporations due to its world-class experience 無料 カジノd win-win outlook.

<Related press release
Published on November 21, 2018
NYK Looks to FinTech to Realize Cashless Ships