Japan: NYK launches MarCoPay, electronic money platform for seafarers | Business – Times of India Videos

Japanese global transportation company NYK has launched electronic money platform “MarCoPay” for seafarers. Payment of salary by “MarCoPay” has begun this year. It is being used for the first time anywhere in the world. This electronic money is expected to solve the problems about cash in the ship. In future, “MarCoPay” will expand its services by adding loan service, introduction of insurance, medical treatment service and real estate. It will be economic sphere for seafarer. NYK plans to expand “MarCoPay” operations in other Asian countries such as Myanmar in the future. The company aims to bring happiness for seafarers through “MarCoPay”.