Air Cargo Belgium adopts PayCargo payment platform

Air Cargo Belgium (ACB) has implemented PayCargo to collect membership and event delegate fees online from its 155 members. The PayCargo solution will provide ACB members with cost-effective payment options, rapid movement of funds, heightened transparency, and improved security. “Across the globe, take up of digitalisation is rapidly accelerating, and by supporting ACB with our […]

E2open to embed PayCargo’s solution

E2open Parent Holdings, Inc., supply chain software provider, has announced a strategic partnership with PayCargo, the global logistics payment solution. The E2open platform will embed payment processes to facilitate faster release of cargo at ports via PayCargo’s secure, cost-efficient solution thereby eliminating the traditional, resource-intensive system of requesting, printing, mailing, and delivering checks, wire transfers […]

PayCargo launches payment platform for FIATA members

PayCargo, has developed a tailored solution, called Freight-Pay, which will allow International Federation of Freight Forwarders Associations (FIATA) members to instantly make and receive payments between themselves, while benefitting from reduced transaction costs and heightened security features. FIATA members can register on the platform free of charge to make and receive payments globally. “We have […]

PayCargo secures Series B funding

Freight payment platform PayCargo has announced a $125 million Series B investment by global venture capital and private equity firm Insight Partners. This year, PayCargo is on track to process $10 billion of freight-related payments, a 250% increase from 2020. PayCargo is the largest independent freight payments network of its kind with over 67,000 active […]

PayCargo teams up with Air Cargo Netherlands

PayCargo has teamed up with Air Cargo Netherlands (ACN) to help simplify the payment and collection of the Association’s membership and delegate transactions. The Dutch trade association has signed up to use PayCargo’s encrypted online payment platform to process payments from members and delegates at its events. PayCargo, which last year processed $4 billionn in […]

PayCargo supports VetDogs

PayCargo has become a Lifetime Graduate Sponsor of veteran and first responder non-profit America’s VetDogs. America’s VetDogs pairs highly-trained service and guide dogs with veterans and first responders who have been physically injured, are suffering from Post-Traumatic Stress Disorder, or are experiencing vision loss or seizures. As a Lifetime Graduate Sponsor, PayCargo’s support will go […]

White joins PayCargo Board

PayCargo has appointed Michael White to its Board. Michael brings more than 25 years of experience in the airfreight sector, having held senior positions at Frontier Airlines, United Airlines, Cargo Service Center, the Air Transport Association, SkyLink USA, Cargo Network Services, and most recently as the Founder and President of Trade Network Consultants LLC. “Michael […]

PayCargo grows senior management team

Online freight payment platform PayCargo has appointed two new vice presidents to its senior management team, Marta E Ramirez, and Ken Nieze. Ramirez is the new Global VP, Human Resources, based at PayCargo’s Florida headquarters, with Ken Nieze appointed VP of Sales, West Coast, based in Seattle, Washington. Ramirez brings over 25 years of experience […]

PayCargo and Nexshore to unveil new payment capability for IATA’s ONE Record

PayCargo and Nexshore have developed the first integrated payment solution for the ONE Record initiative, which they will demonstrate at the International Air Transport Association (IATA)’s ONE Record Hackathon next week. Users will be able to make and take payments online using different payment options and will benefit from other features such as account reports […]

Delta Cargo partners with PayCargo to offer new payment platform

Delta Cargo has partnered with online payment platform PayCargo and Unisys to offer customers an additional option to pay for their shipments’ destination charges. The new service for cargo shipments that originated internationally and delivered throughout the US. will be available from tomorrow (July 10, 2020). PayCargo is the world’s leading online payment platform for […]

Neutral Air Partner collaborates with PayCargo

Neutral Air Partner (NAP) has collaborated with PayCargo, aiming to provide digital air freight payment and settlement solutions to its members. “We are pleased to announce the implementation of an advanced online freight payment and settlement system powered by PayCargo. NAP members will be able to use the PayCargo system for payments and settlement in […]

Short-term supply chain credit available from PayCargo Capital during COVID-19

PayCargo Capital, a sister company of online payment platform PayCargo, has seen a rise in demand for its short-term credit facility during the COVID-19 pandemic. Transportation companies and cargo owners who are customers of PayCargo in North America can apply for credit of between $25,000 to $2,500,000 for a 15 to 30-day period. “The relevancy […]

Paycargo launches first dedicated Canadian dollar facilitiy

PayCargo has launched a dedicated Canadian Dollar online freight payment platform in Canada. Payers now have the flexibility to pay in either Canadian or US dollars for the first time. The Canada launch, part of ongoing growth and development plans by the Fintech company, was fast-tracked to help customers across the supply chain overcome payment […]

PayCargo to continue legal action against CargoSprint

In a statement, PayCargo said it had initiated two actions against CargoSprint: one in the Southern District of Florida stemming largely from CargoSprint’s persistent use of its former “PayAirCargo” name, despite PayCargo’s clear ownership of federally registered trademarks and CargoSprint’s prior contractual agreement to cease all use of the PayAirCargo name; and one in the […]

PayCargo expands under van der Walt’s leadership

PayCargo continues to expand with 13 new customers joining the PayCargo Payment Network since Lionel van der Walt joined in July. The appointment of van der Walt as president and CEO of The Americas followed a global agreement between PayCargo and IATA earlier this year to create the IATA-PayCargo System to settle payments in the […]

PayCargo launches European subsidiary for settling invoices

PayCargo has launched its service providing overnight settlement of invoices between shippers and carriers in Europe from its newly founded European subsidiary, PayCargo Europe. Its online solution for air, ocean, trucking and warehouses, allows shippers to move cargo quicker in a secure, efficient way to reduce costs associated with payment processing. PayCargo eliminates the traditional […]

CNS and PayCargo team up for new import payment solution

IATA subsidiary Cargo Network Services (CNS) has partnered with online payment system provider, PayCargo to offer the US air cargo industry a new payment solution for imports into the US called the PayCargo-CNS System. The new PayCargo-CNS System will be the online payment processing engine for expedited payments at US stations of participating Airlines for […]