MarTrust is a maritime-specific payments platform that helps shipping companies and their crew move money securely, efficiently and compliantly around the world.

When you ask what MarTrust actually does, the answer is that it centralises vendor payments, crew payroll and Cash-to-Master into one platform so ship owners, managers, operators and crewing companies can pay suppliers, port agents and seafarers in 130+ currencies and to well over 150 countries.

It is used by hundreds of shipping companies, processes billions of dollars of payments each year, and is designed to reduce banking costs, increase payment reliability and improve the crew experience.

When you look at who MarTrust is for, it is very clearly built for the maritime industry.

The core users are ship owners, ship managers, vessel operators and crewing companies, especially their finance, treasury, crewing and operations teams who handle vendor payments, crew payroll and Cash-to-Master.

On the receiving side, MarTrust is also for the seafarers who get paid through the platform, especially those using the MarTrust Crew Account and card to manage wages and send money home.

MarTrust – Vendor Payments is the part of MarTrust that focuses on paying port agents, suppliers and other vendors, and it is designed to solve the problem of late, blocked or failed cross-border payments that can delay vessel operations.

Instead of relying on generic bank processes, companies use this maritime-first platform (powered by Xafe™) to make secure, compliant payments in 130+ currencies, with beneficiary pre-screening, payment file cleaning, sanctions checks and specialist support.

In practical terms, when you ask what problem it solves, the answer is: fewer payment delays, higher success rates and lower banking and FX costs on vendor payments.

The MarTrust Crew Account is a digital E-Wallet and associated debit card (where issued) that gives seafarers a modern, safer way to receive and use their wages.

When you ask how it helps, the key point is that employers pay salary directly into the crew member’s MarTrust Account; from there, crew can hold multiple currencies, send money home to local and international bank accounts, transfer to other crew, and withdraw cash from a large global ATM network, often with better FX rates than traditional options.

This gives seafarers more control, transparency and flexibility than relying on shipboard cash and port-based remittance providers.

If you’re wondering how MarTrust’s different solutions fit together, the vendor payments, crew payroll and Cash-to-Master tools are designed as one end-to-end maritime payments platform rather than separate products.

Vendor and business payments are routed through MarTrust – Vendor Payments / Xafe™, while crew payroll and Cash-to-Master are digitised by paying salaries into MarTrust Crew Accounts instead of carrying large amounts of cash on board.

Used together, these solutions can reduce cash on board by up to around 80%, cut banking and FX costs, simplify payment workflows and significantly improve the crew experience.

When companies ask what business outcomes they can expect from MarTrust – Vendor Payments, the focus is on operational continuity, cost savings and efficiency.

By using a maritime-specific payment platform with over 99% payment accuracy/success, companies can avoid port delays caused by late or blocked payments, reduce bank and FX fees through competitive pricing, and cut the admin workload related to chasing and reconciling payments.

The platform’s specialist compliance engine and proactive support also mean fewer surprises from bank AML teams and more predictable payment performance.

If your priority is reducing transaction and FX costs, MarTrust helps by enabling low-cost, cross-border payments in 130+ currencies while leveraging competitive foreign exchange rates and negotiated bank arrangements.

On the corporate side, this reduces bank fees and FX margins on vendor and crew payments; on the crew side, the MarTrust Account and E-Wallet give seafarers access to live FX rates in the app and cheaper ways to send money home than many traditional remittance options.

The net result is that both companies and crew generally keep more of the money being sent.