SUNRATE, a global payment and treasury management platform, has unveiled its maritime payments solution at Sea Asia 2025. This solution is tailored to meet the needs of shipping companies and their key stakeholders. Leveraging their advanced proprietary platform, extensive global network, and robust APIs, SUNRATE offers secure and seamless payment options for various purposes such as crew payroll, travel expenses, and payments to shipping suppliers.
Coco He, Head of Global Institutions at SUNRATE, emphasized the importance of modern financial tools in the shipping industry. The maritime payments solution enables shipping companies to digitize their payments efficiently, leading to significant cost reductions. Through the SUNRATE platform, seafarers can access modern tools for managing their finances both onboard and ashore. Salaries are directly deposited into seafarers’ SUNRATE commercial cards, providing instant global access to funds, overseas transfers, card-to-card transactions, and online shopping.
SUNRATE’s comprehensive solution addresses the complex payment challenges faced by maritime companies. By integrating ‘International Payments’ and ‘Global Collection’ capabilities, SUNRATE enables shipping companies to make payments in over 130 currencies to 190+ countries and regions, as well as collect payments globally in more than 30 currencies. This platform offers a secure and convenient way for shipping companies and seafarers to manage their financial transactions in the maritime industry.
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