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Nippon Yusen's digital wallet to help foreign crew with remittances

App lets employees convert e-money into any currency at Citibank ATMs

NYK's payment app uses QR codes to settle transactions.

TOKYO -- Japanese shipping giant Nippon Yusen is planning to develop a payment platform that will allow crew members to more easily send money home as well as purchase products and services in different ports of call, the company said on July 25.

Called Marcopay, the digital wallet will launch as early as next year. The app can act as a direct-deposit account for wages and is capable of payments using QR codes. Users can also withdraw cash from Citibank ATMs and send remittances back home, a crucial service for the company's non-Japanese crew.

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