Air cargo carriers will be able to use the contactless online payment system PayCargo

This digital platform will accelerate the release of goods, eliminate manual processes, provide business transparency, flexibility and growth throughout the supply chain.

Also, the developers of the contactless payment system promise users to reduce penalties for delays, more convenient cash flow management, simplified invoicing and reconciliation. The airlines will use the cloud system alongside shipping carriers, land operators, freight forwarders and customs brokers.

Jumbo Jet with a wide open cargo door at the front of the plane<br> — Jumbo Jet with a wide open cargo door at the front of the plane

The system currently has over 67,000 users, and the platform plans to process $ 10 billion in contactless payments in 2021, a 250% increase over 2020. A recent investment of $ 125 million will help the developers to realize their ambitious plans.

The development company is working to develop digitalization and security in air cargo transportation, while expanding the global deployment of its electronic payment network in different countries. The corresponding division of ZetAvia plans to study a new cloud-based contactless payment system in order to understand the feasibility of its application in the transport of goods.

Oleg Sergeev