Marubeni Corporation (Marubeni), NYK Line, bet365 出 金 条件ransnational Diversified Group (TDG)* have agreed on Marubeni’s acquisition of a stake in MarCoPay Inc., an electronic money platform business founded by NYK Line bet365 出 金 条件DG.

Nowadays, on oceangoing vessels around the world, approximately 80 billion yen (700 million USD) is speculated to be kept as cash on board because salary payments to crew members have traditionally occurred in cash. However, cash on board vessels leads to additional workloads and costs, such as fees to transport cash to the vessels and remittance fees when seafarers send the received cash to their families. Moreover, seafarers spend long periods of time on vessels in a specialized working environment, so the need for health management support and convenient online services between sea and land has existed. Also, in countries such as the Philippines, where most crew members call home, seafarers are often not fully accorded the best credit conditions when applying for loans and can have difficulty obtaining proper insurance services that suit their labor environment and lifestyle. This is said to be due to the term contracts of the seafarers, even though they generally earn much more than average in their home countries. Thus, cost reduction for cash handling by vessels and improvement of the working and living environment of seafarers have been issues within the shipping industry for some time.

MarCoPay Inc. has developed an electronic money platform named “MarCoPay” that has been designed to enable digital salary receipt, remittances, cash withdrawals, loan applications, and insurance and investment product purchases through a smartphone application. MarCoPay minimizes cash handling costs and accounting workloads and reduces the risk of theft or loss of money on board by implementing cashless salary payments through the use of the smartphone application. Moreover, the service will allow crew members at sea to remit money to their home countries even during unstable internet connections at sea. Further, MarCoPay Inc. has started a loan service for Philippine seafarers.

MarCoPay’s service menu to seafarers bet365 出 金 条件heir families will expbet365 出 金 条件hrough this collaboration with Marubeni-related businesses, such as those in finance, medical services, bet365 出 金 条件elecommunications fields, among others. Marubeni, together with NYK Line bet365 出 金 条件DG, aims to widely disseminate the MarCoPay platform and further enhance the convenience of it.

All three stakeholders — Marubeni, NYK Line, bet365 出 金 条件DG — seek to provide high value-added service through the MarCoPay business and contribute to the improvement of the working and living environment of seafarers bet365 出 金 条件heir families by establishing and developing an economic network of seafarers.


* Transnational Diversified Group (TDG) is a globally competitive and highly progressive Philippine-owned business group that comprises over 40 companies, primarily in logistics, ship management & manpower, travel & tourism, information and communications technology, and other investments in industries such as renewable energy, agriculture, and real estate. Since its establishment in 1976, TDG has been actively working with bet365 出 金 条件ine and has since become a respected strategic partner of large global corporations due to its world-class experience and win-win outlook.

MarCoPay Inc.
Headquarters: Manila, Philippines
Established: July 2019
Representative: Toshiaki Fujioka, President Director, CEO
Website: https://www.marcopayinc.com

Marubeni Corporation
Headquarters: Tokyo, Japan
Established: December 1949
Representative: Masumi Kakinoki, President and CEO
Website: https://www.marubeni.com/en/

bet365 出 金 条件ine
Headquarters: Tokyo, Japan
Established: September 1885
Representative: Hitoshi Nagasawa, President
Website: /english/

Marubeni Corporation

• - Corporate Communications Dept. Media Relations Sec.

Telephone: +81-3-3282-4020

• - Ship Project Dept. Ship Project Development Sec.

Telephone: +81-3-3282-7839

bet365 出 金 条件ine

• - Corporate Communication Group, Media Relations Team

Telephone: +81-3-3284-5190