Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

PayCargo Joins Hands with IBS Software for Digital Payments

This image opens in the lightbox

News provided by

IBS Software

04 Jun, 2020, 08:16 GMT

Share this article

Share toX

Share this article

Share toX

PayCargo and IBS Software partner to provide air freight carriers and cargo ground handlers with digitalized payment options

CORAL GABLES, Florida and BANGALORE, India, June 4, 2020 /PRNewswire/ -- Today, PayCargo and IBS Software announced a joint partnership that enables rich API-based integration between their market-leading industry platforms.

The integration of PayCargo's digital payments network with IBS Software's iCargo air cargo management platform will enable more carriers and cargo ground handling companies to digitalize and simplify payments, reducing manual processes and streamlining operations.

Continue Reading
This image opens in the lightbox
Virtual_Meetings_IBS_and_PayCargo

This partnership will further position both companies as trusted digital platforms across their respective areas in the industry.

The move is part of PayCargo's continued focus on open collaboration and adds to the growing list of partnerships it has entered into with other supply chain stakeholders.

For IBS Software, the partnership is part of its ongoing initiatives to enable rapid adoption of digitalization for its customers, including many of the world's largest airlines and cargo ground handlers.

The capability to offer integrated digital payments out of the iCargo platform – which powers cargo operations at some of the world's largest air freight hubs, will greatly improve operational efficiency and customer experience.

It will also help reduce bottlenecks and waiting times at busy terminals, where traffic congestions and delays are becoming a major cause for concern for airlines, terminal operators and customers.

"The integration with IBS Software continues our philosophy of collaborating with industry partners to facilitate the expeditious release of shipments," said Lionel van der Walt, President and Chief Executive Officer, The Americas, PayCargo.

"Integration with our airline and ground handler vendors' operational system partners makes sense as it enables their staff to expedite the release of cargo without the need for accessing multiple systems and automates data flows to save time and avoid costly human errors."

This has become even more relevant as the global cargo and shipping supply chain has had to rethink the way it does business in response to the COVID-19 pandemic, with the majority of employees now working from home and demand soaring for a reliable online freight payment platform solution.

As social distancing has become part of the global policy to halt the spread of COVID-19, it is clear how unsuitable using cash, checks, vouchers and traditional POS terminals are, and the value and need for contactless processes such as digital payments has become essential.

"COVID-19 is expediting digital transformation across the air cargo industry and PayCargo is working with partners such as IBS Software to lead the delivery of meaningful solutions to help the industry weather the storm," said van der Walt.

"Our online payment platform is proving to be valuable to stakeholders as it is helping drive transparency, cost efficiency and boosting operational performance."

"PayCargo is pleased to collaborate with IBS Software to drive such digital change in the air cargo industry. This is much needed and critical to the success of the transformation that is essential to secure the future of the industry."

"The air cargo industry has traditionally been seen as a laggard in the adoption of innovative technology, but this is poised to change significantly. The demand for faster, more reliable and more transparent supply chains is increasing at a pace never seen before and digitalization is the key to unlocking the huge potential for everyone in the supply chain," said Ashok Rajan, Senior Vice President & Head of Cargo & Logistics, IBS Software.

"IBS software has been working towards this by investing in the iCargo platform to create an 'ecosystem of digital extensions' by partnering with specialist providers to enable our customers to seamlessly adopt digital processes and capabilities into their businesses."

"Digitalization in the payments and settlement process will enable cargo carriers, cargo ground handling companies as well as freight forwarders to improve cash collection, reduce manual effort and make the overall process more transparent and streamlined."

"This is proving to be a major enabler in the context of COVID-19, as it has required companies to think outside the box and make their process 'touch-free' - a trend, which will accelerate adoption of innovative technology."

"We are very happy to partner with PayCargo in the area of digital payments and settlements to make such capabilities easily accessible to our customers," continued Ashok Rajan.

Visit paycargo.com and ibsplc.com for more details.

About PayCargo

PayCargo is the number one financial platform for moving money and vital remittance information between Payers and Vendors.

PayCargo's online solution allows you to move cargo quicker and reduce payment costs more than any other platform available. Our patented technology effortlessly registers your company so that you can immediately start making payments to your freight Vendors.

We have over 4,000 Vendors in our network including major ocean carriers, air cargo providers, and hundreds of terminals and CFS stations. Over 1,000 of these Vendors release the cargo within an hour after receiving the "Payment Approval" alert from PayCargo. All other Vendors release cargo no later than the next morning.

PayCargo makes it as easy as Ship, Click, and Pay.

For more information about PayCargo, visit paycargo.com 

Media - please contact Meantime Communications, Emma Murray- emma@meantime.global

About IBS Software

IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise and hospitality segments.

IBS's solutions for the aviation industry cover fleet and crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel & air-cargo management, making it the enterprise with the widest range of offerings for the aviation industry.

IBS also runs Demand Gateway - the world's largest distribution network for leisure hotels. For the tour and cruise industry, IBS provides a comprehensive guest centric, digital platform that covers onshore, online, and onboard solutions for the modern tour and cruise provider.

IBS Software is a Blackstone portfolio company and operates from 11 offices across the world.

Further information can be found at ibsplc.com.

Media - please contact corpcomm@ibsplc.com 

Logo: https://mma.prnewswire.com/media/1169353/IBS_Software_Logo.jpg
Photo: https://mma.prnewswire.com/media/1176720/Virtual_Meetings_IBS_and_PayCargo.jpg

Modal title

Also from this source

Transavia Netherlands and Transavia France to partner with IBS Software to enhance flight operations and crew management

Transavia Netherlands and Transavia France to partner with IBS Software to enhance flight operations and crew management

Transavia Netherlands, the leading low-cost Dutch carrier and Transavia France, the leading low-cost carrier of France, both high-growth subsidiaries ...

IBS Software to provide Air France-KLM Group with solutions to optimise flight operations and reduce the impact of delays

IBS Software to provide Air France-KLM Group with solutions to optimise flight operations and reduce the impact of delays

IBS Software today announces that it has been selected by Air France-KLM as a strategic partner to streamline flight operations through a unified...

More Releases From This Source

Explore

Air Freight

Air Freight

Transportation, Trucking & Railroad

Transportation, Trucking & Railroad

Financial Technology

Financial Technology

Financial Technology

Financial Technology

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.