Brightwell Navigator Selected by Carnival Cruise Line for Crew Payroll Distribution

Brightwell Payments, Inc. (“Brightwell”) has been selected by Carnival Cruise Line for the delivery of Brightwell’s market-leading services for the global electronic distribution of payroll. Under a multi-year agreement, Carnival will deploy the Brightwell Navigator payments platform, a web-based technology that delivers access to money transfer services and Brightwell’s OceanPay® Visa® Prepaid Card to meet the needs of geographically-dispersed, multinational shipboard employees. Brightwell Navigator will be made available to over 30,000 Carnival crew members around the globe.

“We are impressed by Brightwell’s offering,” stated Jim Heaney, CFO of Carnival Cruise Line. “Brightwell’s strong reputation for service and dependability were important drivers of our decision to work with them.”

The Brightwell Navigator platform enables crew to self-manage how they wish to be paid by maintaining and communicating instructions for automatic transfers to home bank accounts, payment directly to the OceanPay Card, and/or the transfer of funds to over 500,000 retail money transfer agents around the world. Beneficiary bank account details, the transfer currency, and distribution amounts are managed directly by the crew member and can be changed at any time. The platform ties easily to existing payroll software and removes the administrative burden that employers face in managing large volumes of money transfers.

“Brightwell’s strong reputation for service and dependability were important drivers of our decision to work with them.”

Brightwell Payments’ OceanPay Card integrates seamlessly with Brightwell Navigator. The OceanPay Card is the maritime industry’s most widely used prepaid card and enables maritime crew the security and cost efficiency of reduced reliance on cash-based transactions. In addition, the OceanPay Card enables cruise and commercial shipping employers to reduce cash onboard while providing crew members with a financial tool that can be used to make purchases online and in port and to perform one-off transfers to a bank account or for cash pick up at a retail location.

”We are pleased to have earned the right to work with such a respected partner as Carnival Cruise Line,” stated Mike Gaburo, CEO of Brightwell Payments. “We are committed to delivering to Carnival the industry’s most advanced payments technology for employee compensation. Brightwell Navigator will allow Carnival to enhance crew welfare while gaining administrative efficiencies, enhanced security, reduced fraud, and lower transaction costs.”

About Brightwell Payments

Brightwell Payments, Inc. is an international payments and technology company offering comprehensive, award-winning payment solutions for corporations and consumers. Brightwell Payments’ Navigator payments platform and its international maritime paycard program, the OceanPay Card, combine to provide a proprietary, comprehensive solution designed to mitigate the unique challenges and concerns of existing payroll processes faced by the maritime industry. More than 300 customers and 200,000 individuals choose Brightwell to make over $700M in secure, cost-effective global payments each year.

Brightwell Payments is a portfolio company of Navigation Capital Partners, an Atlanta, GA-based private equity firm which makes control growth equity and buyout investments in lower middle market business services companies. Visit www.navigationcapital.com.

The OceanPay VisaPrepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC.

About Carnival Cruise Line

Carnival, a unit of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), is "The World's Most Popular Cruise Line®" with 25 ships operating three- to 16-day voyages to The Bahamas, Caribbean, Mexican Riviera, Alaska, Hawaii, Canada, New England, Bermuda, Europe, Australia, New Zealand and the Pacific Islands. The company currently has an as-yet-unnamed 133,500-ton ship currently under construction and set to debut in 2018.