API integration will connect systems and provide enhanced digital payment solutions for shippers.
PayCargo, LLC, the world’s leading online payment platform and provider of electronic invoicing and settlement solutions for the shipping and cargo industry, and Gemini Shippers Group, one of America’s largest shippers associations offering membership to importers and exporters of a wide range of products, today unveiled an integrated payment solution for shippers.
Leveraging the power of PayCargo’s platform and API connectivity, combined with the functionality of Gemini’s proprietary platform, Gemini Shippers Group members will be able to seamlessly view, audit and pay freight invoices from the Gemini Shippers Group platform.
With this new functionality, Gemini will enhance its partnership with PayCargo, which was first established in 2011, empowering shippers to process payments via the PayCargo system without leaving the Gemini platform.
The PayCargo solution is a patented online payment solution built by First Data Corporation, which processed over $1 billion in payment transactions in 2017. Every day over 2,500 vendors, including all major ocean carriers, receive payments via PayCargo.
For over a decade the Gemini Shippers Member portal has provided members with a single digital hub for rate management, shipment visibility, rate audit and electronic invoice and arrival notices across all member shipments and carrier partners. Through an integration with PayCargo via a secure API, shippers will now be able to approve and pay invoices using an overnight ACH with one click directly from the Gemini platform.
“By integrating with Gemini Shippers Group, we are changing the way payments are made and received in the shipping industry,” said Eduardo Del Riego CEO, PayCargo. “This agreement provides an added value to the group’s members who will now have a built-in solution to complete payment processes. By combining Gemini’s electronic invoice and audit functions with our payment solution we will together streamline and bring substantial savings in accounts payable and overhead, and members will also be able to take advantage of certain discounts for payments they make through PayCargo.”
“Our goal is to be a leader in the digitalization of shipping, saving our members money and time, and by partnering with PayCargo for these additional member benefits, we can now offer them another set of tools and services to help their business succeed and excel,” said Sara Mayes, President, Gemini Shippers Group. “This integration with PayCargo further increases the functionality of our Member platform and the value-added benefits we provide for our member companies.”
Gemini Shippers, PayCargo unveil payment solution
