DP World and Mastercard collaborate on digitising port payments for SMEs

DP World has partnered with Mastercard to digitise port ecosystem payment flows, aiming to enable cargo owners and small businesses to pay for their freight-related costs more efficiently and remotely, facilitating their ability to participate in global trade.

The programme has been launched through the co-branded Trade Card in the Dominican Republic and will be rolled out in Latin America and then across DP World’s global port operations.

It is hoped that the launch of the port payments digitisation project will accelerate the digital transformation of the global supply chain and support local economies during the current challenging times.