PrepPaid Solutions, (PPS), a payments company offering comprehensive prepaid solutions for corporations and consumers, announced that it has signed a contract for its maritime payroll product OceanPay® with Norwegian Cruise Line.
“OceanPay delivers increased efficiencies and a reduction in costs for crew members and cruise lines alike, many of whom have historically handled payroll using cash.”
OceanPay is a proprietary, comprehensive payroll card solution designed to mitigate the unique challenges and concerns of existing payroll processes faced by the maritime industry. The turnkey solution provides card-based access to ATMs and point-of-sale debit transactions, currency exchange and money transfer services, companion cards, on-board card personalization (printing and encoding) and free on-board Internet connectivity for online banking.
OceanPay was named the 2011 Paybefore Awards™ “Best in Category” winner for Most Effective Prepaid Solution. The OceanPay program is now provided to crew members on more than 200 ships worldwide.
“We are thrilled to be working with a market leader like Norwegian as we continue to expand the utilization of our product in the maritime space,” said Peter J. Mahr, EVP Sales for Prepaid Solutions. “We are proud to have such a premier relationship as we explore new opportunities across the cruise line and commercial shipping industries.”