PayCargo enables payments in Canadian dollars in addition to USD

Digital cargo booking tool PayCargo has launched a dedicated Canadian Dollar online freight payment platform in Canada, enabling users to either pay in Canadian or US dollars after they have registered to both services.

The Canada launch, part of ongoing growth and development plans by the Fintech company, was fast-tracked to help customers across the supply chain overcome payment challenges related to the Covid-19 outbreak.

The challenging pandemic period has also highlighted how unsuitable it is to use cash, checks, vouchers, and traditional POS (point of sale) terminals, as well as the value of digital payments.

Companies already registered to use PayCargo, include: DHL Global Forwarding, DSV, Air-City, Airtime Express, Cargo Airport Services Canada, Menzies Aviation, Vanguard Logistics Services and Yang Ming Shipping.

Lionel van der Walt, president and chief executive of Americas, PayCargo, added: “We have been planning a phased expansion into Canada, and this launch at a challenging time for the industry, completes our move into this vitally important market.

“We believe this is the first dedicated online CAD freight payment platform in Canada and that it will provide significant benefits for Canadian industry stakeholders, from the small-to-medium enterprises right up to the big players.”