GLN Introduces Cutting-Edge Payment Platform: GLN CargoWALLET

GLN Launches GLN CargoWALLET

The Global Logistics Network (GLN) has introduced GLN Pay, a groundbreaking payment solution specifically tailored for professionals in freight and logistics. In collaboration with CargoAi, this innovative technology, powered by CargoWALLET, facilitates secure and instantaneous transactions in over 150 countries using 47 different currencies.

Flexibility in Payments

Through GLN CargoWALLET, members of the GLN community can easily send and receive payments to one another or to any freight partner, even if the recipient does not possess an account with GLN CargoWALLET. This feature aims to dismantle traditional barriers associated with inter-firm transactions, thereby fostering enhanced collaboration across the global supply chain.

Addressing Industry Challenges

GLN CargoWALLET is designed to tackle various financial and operational challenges that frequently afflict the freight forwarding sector, including consolidation and air and ocean cargo handling. Key functionalities of this platform include:

• Instant Payment Processing – Transactions are processed in real-time globally.
• Guest Payment Options – Users can send and receive payments even from partners not enrolled in GLN CargoWALLET.
• Multi-Currency Support – Conduct transactions using 47 currencies across more than 150 countries.
• Enterprise-Grade Security – Ensures end-to-end encryption and full traceability.
• Operational Efficiency – Simplifies reconciliation processes and enhances cash flow management.

A Leap in Logistics Innovation

According to the President of Global Logistics Network, Ernst van der Heijden, “GLN CargoWALLET marks a significant improvement for our network. By integrating a smart, seamless, and secure payment solution into our infrastructure, we enable members to achieve increased efficiency, speed, and trust.”

Benefits for Early Adopters

Members who have begun utilizing the platform are already witnessing advantages. Jürgen Anwander, the General Manager of Aero Africa, a GLN member, stated, “Traditional payment systems can drain precious time and resources. With GLN CargoWALLET, transactions happen in real-time, are cost-effective, and easy to manage.”

Collaboration with CargoAi

Olivier Veyrac, Senior Vice President of CargoWALLET at CargoAi, expressed pride in this collaboration, stating, “Working with GLN to launch GLN CargoWALLET allows us to extend our advanced payment infrastructure to a global network, providing freight professionals with a future-ready solution to streamline their financial dealings and unlock newfound efficiencies.”

Empowering the Logistics Industry

Now available to GLN’s extensive network of 250 logistics companies across 137 countries, GLN CargoWALLET is set to revolutionize payments in the industry. This platform represents not just a tool, but a transformative step towards shaping the future of logistics financial transactions.

Conclusion

The logistics landscape continues to evolve with innovative solutions like GLN CargoWALLET emerging to address industry-specific pain points. As we venture into a world where real-time, secure payment options are becoming paramount, the introduction of GLN CargoWALLET stands as a promise to streamline operations and fortify cooperation among freight professionals.

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