ATLANTA, June 20, 2017 /PRNewswire/ -- Brightwell Payments, Inc. ("Brightwell") has been selected by Costa Cruises to deliver a global payroll solution. Under a multi-year agreement, Costa Cruises will initially provide the Brightwell Navigator payments platform to approximately 10,000 staff on 15 Cruise ships. Future plans include expansion of the global payroll solution to an additional 8,000 shipboard employees.
The Brightwell Navigator payments platform is a mobile and web-based technology that provides access to cash, money transfer services, and an OceanPay® Visa® Prepaid Card or OceanPay® Prepaid Mastercard® Card. The platform is designed to meet the rapidly changing financial needs of a geographically dispersed, multinational, group of shipboard employees.
"We are pleased to have earned the right to work with Costa Cruises, one of the world's leading cruise lines," stated Mike Gaburo, CEO of Brightwell Payments. "The ability for ship-based staff to easily access, transfer, and use funds is vital part of employee welfare and crew care. We're committed to delivering Costa Cruises the industry's most advanced payments technology while additionally helping Costa enhance the employee experience, gain administrative efficiencies, enhance security, reduce fraud risk, and lower transaction costs."
The Brightwell Navigator platform enables crew to self-manage their pay at any time with features that include automatic transfers to bank accounts, payment directly to the OceanPay® Card (in both USD and EUR), and/or the transfer of funds to over 500,000 retail money transfer agents around the world. Navigator integrates to existing payroll software and removes the administrative burden that employers face in managing large volumes of money transfers.
The OceanPay® Card is the cruise industry's most widely used prepaid card and provides the crew security and cost efficiencies through reduced reliance on cash-based transactions. In addition, the OceanPay Card enables cruise and commercial shipping employers to reduce cash onboard while providing crew members with a financial tool that can make their life easier.
About Brightwell Payments
Brightwell Payments, Inc. is an international payments and technology company offering comprehensive, award-winning payment solutions. Brightwell Payments' Navigator payments platform and its international maritime paycard program, the OceanPay® Card, combine to provide a proprietary, comprehensive solution designed to mitigate the unique challenges and concerns of existing payroll processes faced by the maritime industry. More than 300 customers and 200,000 individuals choose Brightwell to make over $700M in secure, cost-effective global payments each year. Visit www.brightwellpayments.com to learn more.
The OceanPay Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc and can be used everywhere Visa debit cards are accepted. The Bancorp Bank; Member FDIC.
The OceanPay Prepaid Mastercard is issued by Transact Payments Limited pursuant to license by Mastercard International. Transact Payments Limited is authorized and regulated by the Gibraltar Financial Services Commission.
About Costa Cruises
Costa Cruises is an Italian company that is part of Carnival Corporation & plc, the largest cruise group in the world. For 69 years, the ships of the Costa fleet have been travelling the world's seas offering hospitality and authentic Italian style holidays, distinguished by exquisite food, fine wines, unique shopping experiences, and a comprehensive selection of famous Italian brands. Currently the Costa fleet has 15 ships in service, all flying the Italian flag. Two new latest generation vessels are expected in 2019 and 2021. They will be fueled by liquefied natural gas (LNG), the world's "cleanest fossil fuel", and a real environmental innovation. Costa represents Italian excellence, and every day surpasses the expectations of its guests with a unique and unforgettable holiday experience. It does this thanks to the approximately 19,000 employees around the world who work to provide the best of Italy on board, with 137 different routes, 261 destinations and 60 ports of embarkation.
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SOURCE Brightwell Payments, Inc.