Marine businesses do not have one payment type.
AltirasPay helps separate charter deposits, brokerage transactions, provisioning, marina charges and large vessel settlement into the rails that make sense for each.
Card acceptance for booking deposits with clear deposit and cancellation documentation, acknowledged at the time of booking rather than buried in terms nobody opened.
Use card, ACH and wire intelligently rather than forcing six-figure transactions onto a single rail. The largest transaction a marine business runs is often larger than the monthly volume its account was sized for.
Multi-currency and international payment capabilities through supporting providers, with the screening those transactions bring into scope.
Document the flow of funds clearly, because an underwriter reading a broker as a dealer will price the account wrong.
Separate smaller operating purchases from large charter settlement. They have different frequencies, different disputes and different economics.
AltirasPay is not the acquiring bank, the processor, the gateway or the payout institution. We help work out what needs to happen, what technology is needed, which rails fit, what the bank needs to see and which partners may fit. Final underwriting, pricing, approval, supported transaction types and rail availability remain with the acquiring bank and payment provider.
Charter, brokerage and marina revenue rarely belong on the same rail, and the structure follows from where the big numbers sit.
