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   Vol. 16 No. 97
Friday December 8, 2017
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Blockbuster CNS PayCargo Deal

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     Cargo Network Services Corp. (CNS) and PayCargo have inked a pact to provide a way for the air cargo industry to pay online for imports in the U.S.

Geoff LionelThe Lasting Gift

      Credit outgoing CNS President Lionel Van der Walt with engineering this late-year, blockbuster announcement (pictured here with FlyingTypers Publisher Geoffrey Arend) .
      In the spirit of the season, Lionel has placed a gift under everyone’s tree in the form of a promising, innovative, and efficient payment solution branded the PayCargo-CNS System.

The Way It Works

      PayCargo’s current online solution for Air, Ocean, Trucking, and Warehouses allows shippers to move cargo quicker in a secure, efficient way to reduce costs associated with payment processing. PayCargo eliminates the traditional resource-intensive system of requesting, printing, mailing, or delivering checks, wire transfers, or cash, with a majority of the vendors releasing the cargo within an hour after receiving the “Payment Approval” alert from PayCargo.

Just For Instance

      With the PayCargo-CNS System importers can make online payments within minutes and the payment data will flow to the airline immediately, allowing the importer to pick up their cargo at the airport facility within one (1) hour for a simple flat fee of $5.00 per transaction. The airlines will receive their funds from PayCargo-CNS overnight and see their funds in their bank account the next morning.

The Natural

      As PayCargo’s fame and client list has grown across transportation, PayCargo CEO Eduardo Del Riego (pictured above) has been called a visionary leader. He applauds the CNS cooperation:
      “With CNS’s longtime relationship with the airlines, and PayCargo’s adoption by the importers to expedite their payments for urgent release of cargo, it was a natural for the two companies to offer an innovative solution to connect the payer and vendor on a real-time payment platform for import shipments.”
Flossie
More Information: Juan Dieppa, PayCargo jcdieppa@paycargo.com or +1 (888) 250-7778. Also Mike White mwhite@cnsc.us.

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Publisher-Geoffrey Arend • Managing Editor-Flossie Arend •
Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend • Advertising Sales-Judy Miller

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