Hong Kong, February 23^rd 2025 – Neutral Air Partner (NAP), a leading industry network committed to optimizing air cargo operations, today announced the launch of NAPAY, an innovative payment solution designed exclusively for its network. Developed in strategic partnership with CargoAi, NAPAY is powered by CargoWALLET technology, delivering secure, fast, and seamless financial transactions across global air cargo operations.

As air cargo continues to evolve through digital innovation, the need for streamlined, cost-effective payment solutions has become paramount. NAPAY addresses this challenge by enabling freight forwarders, consolidators, airlines, and GSSAs within the NAP network to process international payments with unmatched efficiency.

By integrating CargoWALLET’s multi-currency, API-first payment platform, NAPAY offers new features to its members including:

• Real-Time Payment Processing: Instant transactions across over 150 countries and 47 currencies, ensuring secure and timely financial flows.
• Enhanced Security and Transparency: Robust encryption and traceability features to maintain full compliance with international standards.
• Operational Efficiency: Streamlined financial operations that contribute to reduced overhead and improved cash flow management.

“Partnering with CargoWallet to launch NAPAY marks a significant milestone for Neutral Air Partner,” said NAP’s CEO, Christos Spyrou. “Our goal is to empower our network with an advanced, reliable payment solution that not only simplifies transactions between members but also drives efficiency and transparency across the entire air cargo logistics ecosystem. NAPAY is a game-changer for our industry.”

“I’m excited to start using NAPay! As an NAP network member, we frequently send and receive payments with other global members. Traditional payment options are slow and expensive, but NAPay offers real-time payments at a reasonable cost. It’s easy to use, helping us keep freight moving efficiently!” said Damien Rizzo, CFO of EZ Cargo.

Olivier Veyrac, Senior Vice President of CargoAi’s CargoWALLET, added, “We are excited to collaborate with Neutral Air Partner on NAPAY, a solution that exemplifies how digital innovation can transform freight logistics. By leveraging CargoWALLET’s capabilities, NAPAY delivers secure, real-time payments that support our mutual commitment to efficiency and excellence in the air cargo industry. This partnership reinforces our vision to simplify global freight transactions and drive sustainable growth.”

With NAPAY, Neutral Air Partner and CargoAi continue to push the boundaries of digital transformation in air cargo, providing stakeholders with the tools needed to navigate an increasingly dynamic and competitive market.

About Neutral Air Partner (NAP):

NAP is a premier air cargo ecosystem uniting leading air cargo architects and aviation logistics specialists across the globe. Established in Hong Kong in 2016, NAP was founded to inject a greater degree of advanced air cargo expertise into the logistics industry, revive specialization, and to drive airfreight and express buying power across the supply chain. With a membership of 400+ professionals across 150+ countries in six subindustry networks, NAP partners collectively rank among the world’s top air cargo logistics providers. 

For more information, please visit:
Neutral Air Partner

About CargoAi:

Industry’s fastest growing digital enabler, CargoAi is shaping and connecting the freight landscape through innovation. Led by industry experts, the company offers a complete ecosystem of digital solutions to drive frictionless procurement, payment and sustainability.  

CargoAi brings best-in-class technology standards, an ability to execute and a completeness of vision to transform the freight industry. With its latest product, CargoWALLET, CargoAi brings a technology-first freight payment solution to expedite global, secure and instant payments to 150+ countries and 47 currencies. 

CargoAi is headquartered in Singapore with teams in all continents. It is also a member of CargoTech, whose mission is to be the one-stop-shop for digital transformation in the air cargo industry.