Neutral Air Partner (NAP) has begun offering a new digital payment solution developed in partnership with CargoAi to enable secure and fast financial transactions across global air cargo operations.
NAPAY is powered by CargoAi’s CargoWALLET technology and has been developed exclusively for NAP’s network. Freight forwarders, consolidators, airlines, and GSSAs within the NAP network are now able to process international payments using NAPAY.
NAP said that by integrating CargoWALLET’s multi-currency, API-first payment platform, NAPAY offers real-time payment processing with instant transactions across over 150 countries and 47 currencies; enhanced security and transparency including encryption and traceability features to maintain full compliance with international standards; and operational efficiency through streamlined financial operations that contribute to reduced overhead and improved cash flow management.
“Partnering with CargoWallet to launch NAPAY marks a significant milestone for Neutral Air Partner,” said NAP’s chief executive Christos Spyrou. “Our goal is to empower our network with an advanced, reliable payment solution that not only simplifies transactions between members but also drives efficiency and transparency across the entire air cargo logistics ecosystem. NAPAY is a game-changer for our industry.”
“I’m excited to start using NAPay! As an NAP network member, we frequently send and receive payments with other global members. Traditional payment options are slow and expensive, but NAPay offers real-time payments at a reasonable cost. It’s easy to use, helping us keep freight moving efficiently.” said Damien Rizzo, chief financial officer of EZ Cargo.
Olivier Veyrac, senior vice president of CargoAi’s CargoWALLET, added: “We are excited to collaborate with Neutral Air Partner on NAPAY, a solution that exemplifies how digital innovation can transform freight logistics.
“By leveraging CargoWALLET’s capabilities, NAPAY delivers secure, real-time payments that support our mutual commitment to efficiency and excellence in the air cargo industry. This partnership reinforces our vision to simplify global freight transactions and drive sustainable growth.”
