Cashless payments for cargo collection
Cathay Cargo Terminal is the first air cargo terminal in Hong Kong to introduce a business-to-business (B2B) e-payment solution, as it partners with the global cargo payment platform Paycargo to offer a secure, user-friendly, and efficient digital payment method for import cargo collection.
Freight forwarders may settle their transactions anytime anywhere, eliminating queuing for cash payments. The tool improves security and expedites the entire cargo release process. It has also been welcomed by the terminal’s customer airlines, which value the ease with which their customers will be able to settle payments in future.
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. “It is now our ambition to be the first air cargo terminal to go fully cashless in Hong Kong,” said Cathay Cargo Terminal COO Mark Watts. (cj)