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© Panadda Phromngoi

Forwarders have broadly welcomed new digital payment initiative Freight-Pay, which allows Fiata members to complete financial transactions between themselves online.

Developed by PayCargo, the online contactless pay platform allows instant international payments.

Fiata and PayCargo claim the platform will cut traditional transaction fees, is secure and will give users flexibility and instant visibility of transaction data.

“Freight-Pay is meant to simplify the freight forwarder’s day-to-day business,” said Dr Stephane Graber, Fiata director general.

“As we dive deeper into the digital world, we must continue ...

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