News / CNS cuts final ties with PayCargo payment platform – 'a bit of a puzzler'

Eduardo Del Riego, Global CEO, (center left), with CEO Lionel van der Walt (center right) and the PayCargo team

Cargo Network Services, IATA’s US cargo arm, has severed all ties with payment platform PayCargo – previously a very close partner –  due to a “lack of business compatibility principles”.

In a note to customers yesterday, seen by The Loadstar, CNS said it had “elected to terminate its trademark licence and promotional services agreement with PayCargo”.

The letter continued: “As a result, CNS will no longer be promoting the PayCargo CASS-Import service in the United States.

“CNS has taken the decision to sever ...