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Cathay Cargo Terminal chooses ePayment solution provider

Cathay Cargo Terminal has selected PayCargo's ePayment solution to provide a streamlined and seamless payment process for cargo collection.
photo_camera PayCargo's ePayment solution will streamline cargo collection processes at Cathay Cargo Terminal

Cathay Cargo Terminal has selected PayCargo’s ePayment solution to provide a streamlined and seamless payment process for cargo collection

It also makes Cathay Cargo Terminal the first air cargo terminal in Hong Kong to introduce a business-to-business (B2B) ePayment solution.

Freight forwarders will benefit from having the convenience of settling transactions anytime anywhere, eliminating queuing for cash payments, enhancing security, and expediting the entire cargo release process.

Mark Watts, Cathay Cargo Terminal chief operating officer, said: “We are delighted to have selected PayCargo as our ePayment solution, providing more choice and convenience for freight forwarders and their trucking agents.

“This marks yet another milestone in our digital journey after enabling eAWBs (electronic airwaybills) and introducing eSRF (electronic Shipment Release Forms) at our terminal, reaffirming our commitment to digital leadership.”

Cathay Cargo Terminal already enables cashless cargo import payments at its Dongguan intermodal facility in the Chinese Mainland, with payments accepted via Alipay, WeChatPay and UnionPay.

Watts added: “It is now our ambition to be the first air cargo terminal to go fully cashless in Hong Kong.”

Freight forwarders can also set up direct credit facilities with Cathay Cargo Terminal. Cashless payments complement the eSRF process for import shipment release and make the full benefits of eSRF available to more of the terminal’s freight forwarder partners.

Morgan Law, PayCargo commercial director Asia, said: “We are thrilled to embark on this journey with Cathay Cargo Terminal, bringing forth a new era of efficiency and security in cargo payments.

“We are confident that PayCargo will not only streamline the financial workflow but also enhance the overall customer experience.

“Together, we are creating a new benchmark in the Hong Kong logistics sector, with a focus on speed, reliability, and convenience.”

READ MORE NEWS: Cathay Cargo Terminal to roll out 50% recycled plastic cover sheets

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