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Cargo Newswire

Neutral Air Partner Launches NAPAY, a Cutting-Edge Payment Solution for Air Cargo Transactions

February 28, 2025
in Airlines
Reading Time: 2 mins read
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Neutral Air Partner (NAP), a global network dedicated to optimizing air cargo operations, has introduced NAPAY, a specialized payment solution designed for its members. Developed in collaboration with CargoAi, NAPAY is powered by CargoWALLET technology, offering secure, fast, and efficient financial transactions for air cargo professionals worldwide.

As the air freight sector increasingly embraces digital transformation, the demand for streamlined, cost-effective payment solutions has grown. NAPAY addresses this need by enabling freight forwarders, consolidators, airlines, and General Sales and Service Agents (GSSAs) within the NAP network to conduct international transactions with enhanced speed and security.

Innovative Features for Seamless Transactions

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NAPAY integrates CargoWALLET’s multi-currency, API-first payment platform, offering a range of benefits, including:

• Real-Time Payment Processing: Secure and instant transactions across more than 150 countries and 47 currencies.

• Enhanced Security & Transparency: Advanced encryption and traceability to ensure compliance with international financial standards.

• Operational Efficiency: Simplified financial processes that reduce overhead costs and improve cash flow management.

Industry Leaders Applaud the Initiative

Christos Spyrou, CEO of Neutral Air Partner, described the launch as a major step forward for air cargo logistics.

“Partnering with CargoWallet to introduce NAPAY is a milestone for Neutral Air Partner. Our goal is to equip our network with a secure, reliable, and efficient payment solution that simplifies transactions while promoting transparency and efficiency across the industry.”

Network members have already expressed enthusiasm for the new platform. Damien Rizzo, CFO of EZ Cargo, highlighted NAPAY’s practical benefits.

“We regularly exchange payments with other NAP members worldwide, and traditional banking methods can be slow and costly. NAPAY provides real-time transactions at competitive rates, helping us move freight more efficiently.”

Olivier Veyrac, Senior Vice President of CargoAi’s CargoWALLET, emphasized the broader impact of the initiative.

“Our collaboration with Neutral Air Partner on NAPAY showcases how digital innovation is transforming air cargo logistics. By integrating CargoWALLET’s capabilities, we are providing a seamless, secure, and efficient payment solution that supports the industry’s growth and modernization.”

Driving Digital Transformation in Air Cargo

The introduction of NAPAY underscores Neutral Air Partner’s commitment to enhancing operational efficiency and financial flexibility for air cargo stakeholders. By leveraging real-time payments and advanced security protocols, NAP and CargoAi are setting new standards for digital transactions in freight logistics.

As the air cargo sector navigates an increasingly competitive landscape, solutions like NAPAY provide essential tools for industry professionals, ensuring faster payments, improved cash flow, and greater operational agility.

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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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