Why is Crypto Perfect for Maritime Payments?
- Borderless & Fast: Crypto payments eliminate cross-border banking delays ideal for global maritime services where time is critical.
- No Sanction Barriers: Ships may dock in countries with banking restrictions. Crypto bypasses such hurdles .
- Instant Fiat Settlement: WCT Pay immediately converts crypto to USD, EUR, GBP, or AUD, keeping your vault in your preferred currency with no manual effort.
Who Can Benefit?
- Ship Owners & Operators: Get charter fees, freight, and deposits paid globally in crypto and settled in your local currency.
- Offshore Service Providers: Pay for repairs, supplies, or labor with speed and compliance.
- Maritime Brokers: Simplify invoicing across jurisdictions and streamline your cash flow.
Supported Currencies & FX Options
- Crypto accepted: BTC, ETH, USDT, USDC.
- Fiat settlement: USD, EUR, GBP, AUD all converted instantly to avoid volatility.
The Simple Process
- Onboard: Create a WCT Pay account and complete KYC/AML compliance.
- Issue Invoice: Generate an invoice for maritime services in your local fiat currency.
- Client Pays: They pay using crypto (BTC, ETH, USDT, or USDC).
- Auto-Conversion: WCT Pay instantly converts the crypto into your chosen fiat.
- Receive Funds: Settle in your bank usually same day with no exposure to crypto swings.
Core Benefits
- Faster Cash Flow: Eliminate slow international wires and gain same-day fungibility.
- Avoid FX & Volatility Risk: Instant conversion means you're never left holding crypto.
- Compliant & Secure: Fully KYC/AML-compliant to international standards.
Real‑World Use Case
“Ship owners receive charter payments, freight fees, or service deposits from international clients in crypto and get fiat settled in your home currency.”
Imagine an offshore crew needing urgent spare parts while docking abroad. The supplier gets paid instantly via crypto; you get your local fiat fast, reliable, and compliant.
WCT Pay ensures a frictionless link between the crypto world and maritime commerce, supporting the full lifecycle from invoice to settlement.
By harnessing WCT Pay, maritime businesses can sidestep banking delays, avoid cross-border hassles, and keep funds flowing—while staying fully compliant and secure.
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