On 10 December 2019, MarCoPay Inc. received a certificate of registration from the central bank of the Philippines named as Bangko Sentral ng Pilipinas (BSP), approving the company to officially operate as an electronic money issuer.
With the above-mentioned certificate by BSO, the MarCoPay makes a step forward in order to meet its target delivery date for NYK operated vessels in early 2020.
For the records, the innovative platform MarCoPay was developed back in July 2019 from NYK and Philippine-owned business group Transnational Diversified Group (TDG).
MarCoPay is an international secure platform which contributes to support the seafarer’s and their families lives.
NYK plans to spread the service until next spring, so it can be further used by shipowners and ship management companies outside of NYK.
Concluding, NYK along with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green” informed that will continue enhancing digitalization and supporting the seafarer’s live all around the world.