Introducing "MasterCash" an innovative Fintech solution for Maritime. Banking as service offering to Ship Managers and Ship Owners.
Mobile app and Debit Cards for Ship Staff supported by best in class banking security approved by banking regulators and countries, partnering with reputed financial service providers and banks. Contact us to know more on how we can help create a tailor made solution for your crew payments, reduce sending cash on board. Save up to USD 1 million + every year on fund transfer charges.
INDUSTRIES APPLICABLE : MARITIME
For an average fleet of 50 vessels and 20 crew on board each ship, the costs of transporting cash can be in excess of US$ 600,000 per annum. How can you reduce that cost with digital solutions ? Adding to this cost is the effort of team managing these tasks ashore, non transparent documentation, waiting for status of fleetwide expenses until month end reports are received from vessels. All these can be improved with latest Fintech innovations.
Live status of wage remittance to crew, access information on app and web logins. Transfer money to dear ones whenever required direct from banking app.
Debit cards helping to withdraw cash from worldwide ATM's, purchase online or spend at shops in port. Safer than carrying cash.
Efficient fund transfer to crew and vessels, reduce effort and cost involved, improve transparency and real time reports. Keeps crew happy, with tech innovation for brand.
Benefits of Product :
Ship Staff can access their account balance anytime on mobile app and send remittances to their bank accounts
Reduce cash on ships, provide Masters with company debit card for controlled spending and local purchases
Reduce risk, better savings for your company and the ship staff
Control FX conversion costs
Track all transactions from start to end
Live dashboards and reports for daily spend analysis
Comply with MLC and other payroll conventions and international banking regulations
Inmarserv Technologies respects and is committed to protect your personal data. Our privacy statement reflects current global principles and standards on handling personal data by Inmarserv Technologies Limited . and its subsidiaries and affiliates (collectively, "Inmarserv") with respect to the collection, use, processing, security, retention and controls of personal data (the "Policy").
1. Collection of Personal Data
From time to time, we may collect your personal data to provide our services and website to you or respond to your requests or inquiries. The personal data collected may include your name, your email address, other relevant contact information as well as other data relevant for the use of our services.
2. Use of Personal Data
Inmarserv Technologies receives and maintains your personal data from you, your employer or from third parties we work with for the purpose of providing you with our services, responding to your requests or inquiries, to gain an understanding of your business needs, to perform statistical analysis, analysis of website usage or customer requirements; and to provide you with information or materials about Inmarserv Technologies.
Inmarserv Technologies will not disclose your personal data outside Inmarserv Technologies or any third parties unless we have your consent or when required to do so by law in response to requests from law enforcement agencies or other government and regulatory authorities.
3. Personal Data Security
Inmarserv Technologies has put in place appropriate physical, electronic and managerial measures to safeguard and secure your personal data against unauthorised or accidental access, processing, erasure or other use.
4. Retention of Personal Data
Inmarserv Technologies will retain your personal data for a reasonable period of time to fulfil the purpose for which the data was collected or comply with the relevant rules and regulations. Personal data which is no longer required will be destroyed. Aggregate data may be retained beyond this time for research and analytical purposes but you cannot be identified by this.
5. Controls of Personal Data
If at any stage you would like to check, remove or amend the information held by us about you, please contact us via email. We will take the necessary action within a reasonable time but, you may continue to receive communications for a transitional period while we process your request.
Last updated : 10.01.2020