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What is MarTrust?

The MarTrust platform acts as a dedicated payment solution tailored for the maritime sector, aiming to enhance crew payroll, vendor payments, and modernize cash-to-master processes for shipping companies. It supports transactions in over 130 currencies, provides competitive foreign-exchange rates, and reduces banking and currency exchange costs while achieving a payment success rate that surpasses 99%. Crew members benefit from an e-wallet and debit card that enable them to receive their salaries directly, withdraw cash from ATMs worldwide, transfer money back home, spend in different currencies, and manage their finances securely via a mobile application. Additionally, for businesses, it simplifies global payroll and supplier oversight by aggregating multiple transactions into one file, allowing for either immediate or scheduled multi-currency payments, improving adherence to maritime and financial crime regulations, and potentially lowering cash-on-board levels by as much as 80%. Ultimately, MarTrust not only streamlines financial operations for shipping companies but also provides crew members with convenient and flexible access to their earnings, thus fostering a more efficient maritime financial ecosystem. By integrating these features, MarTrust significantly enhances the overall efficiency and satisfaction of both crew members and shipping enterprises.

What is Convera?

Convera focuses on providing cross-border payment solutions that aim to improve business functionality, allowing organizations to simplify their commercial transactions through a wide array of cross-currency services, specialized industry approaches, and in-depth expertise in reducing foreign exchange risk. Companies are able to manage international payments effectively, whether for individual or bulk transactions, across more than 140 currencies in over 200 countries and regions. In addition, Convera facilitates the receipt of payments in over 100 currencies through multiple methods, including wire transfers, checks, credit and debit cards, and other alternative payment solutions, depending on regional access. Their multi-currency holding balance feature helps eliminate the hassles and costs linked to foreign bank accounts, consolidating global payment management within a single platform. Moreover, Convera equips businesses with tools that help protect their finances from currency fluctuations by locking in fixed exchange rates, thereby improving predictability for future cash flows and financial planning. By providing these extensive services, Convera enables businesses to confidently maneuver through the complexities of global finance. This unique approach not only enhances operational efficiency but also fosters long-term financial stability for organizations engaged in international trade.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MarTrust

Date Founded

2011

Company Location

United States

Company Website

www.martrust.com

Company Facts

Organization Name

Convera

Company Location

United States

Company Website

convera.com

Categories and Features

Marine

Accounting Management
Ballast Table
Barcodes
Boat Maintenance
Manufacturing/Supplier Pricebooks
Marina Management
Maritime Crew Management
Routing
Scheduling
Storage Management

Payroll

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

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