WebCargo Pay launches in India with Qatar Airways Cargo
WebCargo Pay eliminates the need for traditional guarantees or collateral, offering more financial flexibility.
WebCargo by Freightos has partnered with Qatar Airways Cargo as the first airline to offer WebCargo Pay in India, complementing WebCargo’s existing air cargo booking solution.
"This simplifies and streamlines how forwarders book and pay for air cargo shipments. With WebCargo Pay, traditional barriers like bank guarantees are removed, making one-stop air cargo pricing, booking and payment seamless and efficient," says an official release from Freightos.
With WebCargo’s booking and payment solution, forwarders can access Qatar Airways Cargo’s capacity and competitive rates, the release added.
Highlights:
*Simplified payments: Users can top up their WebCargo wallet in local currency built in partnership with a leading payment platform provider Juspay Technologies.
*No bank guarantee required: Eliminates the need for traditional guarantees or collateral, offering more financial flexibility.
*Zero wait time: Real-time payment integration speeds up rate confirmation and bookings, reducing delays caused by manual approvals; and
*Level playing field: Small and mid-sized forwarders gain immediate access to Qatar Airways Cargo’s capacity, giving them a competitive edge during peak shipping periods.
“Being the first international cargo carrier to offer WebCargo Pay in India represents a significant step in giving freight forwarders the tools they need to compete and grow in a competitive market,” says Mark Drusch, Chief Officer Cargo, Qatar Airways Cargo. “This partnership simplifies payment and booking, ensuring that forwarders can instantly access Qatar Airways Cargo’s global network without the traditional hurdles of bank guarantees. As the world's leading air cargo carrier, we are proud to be playing a key role in digital transformation in India, one of the fastest-growing air cargo markets."
Joyce Tai, EVP, Worldwide Partnerships, Freightos
Joyce Tai, EVP, Worldwide Partnerships, Freightos adds: "WebCargo Pay is a game-changer for Indian freight forwarders and exporters. By addressing challenges like slow payment processes and bank guarantee requirements, we’re giving smaller forwarders the ability to secure capacity and manage cash flow more effectively in a rapidly evolving market. Together with Qatar Airways Cargo, we are redefining how air cargo is booked and paid for in India."
WebCargo is used by over 10,000 global forwarding offices for instant pricing and booking across some 55 carriers as of September 2024, the release added.
