Sunday 29 November, 2020

Lasco Money offers new money transfer option to Jamaican market

Ramon Davis

Ramon Davis

Remittance customers in Jamaica can soon receive Boss Revolution Money Transfer (IDT) from Lasco Money.

The latest offering allows friends and family in the diaspora another option to send money to their loved ones in Jamaica, according to Lasco Financial Services Ltd which in a press release touted itself as the first remittance agency to bring Boss Revolution to remitters in Jamaica.

According to Ramon Davis, payment services manager at Lasco Financial Services Limited (LFSL), financial inclusion is a big company focus.

“No one likes to feel excluded or that there are no options that suit them. Research shows that over 100,000 Jamaicans in the United States use Boss Revolution each month to send call credit to loved ones back home,” Davis said.

“Lasco Money is always intent on discovering new ways to meet the demands of the market and provide simple and convenient services for our customers. By introducing Boss Revolution into our remittance network throughout Jamaica, we are creating more options for persons who rely on remittance to fund their day-to-day lives. We have identified a need and are meeting that need by adding this money transfer option to our catalogue,” he explained.

IDT Corporation is a global provider of communications and payment services and launched Boss Revolution Money app in 2017. The service is available to send money from the US to Jamaica and 48 other countries worldwide, directly from an Android device or iPhone, any time of day.

Through a seamless process, customers will be able to receive money immediately at over 100 Lasco Money agent locations islandwide, using a valid government-issued ID accompanied by a Tax Registration Number, or its equivalent for foreign nationals, stated the press release.

“We’re especially happy to announce this new partnership with Boss Revolution in time when Jamaicans are embracing change and are looking for solutions that will suit their immediate needs.  Family members living in 50 states in America will be able to send their loved ones money through Boss Revolution Money Transfer and receivers can collect from Lasco Money, by picking up in location or receiving funds on their Lasco Pay Prepaid MasterCard or bank accounts with Lasco Money’s 'Skip Di Line' feature,” said Lasco Financial marketing manager Danielle Harris-Drysdale.

With Lasco Money’s Skip Di Line service, customers are invited to trade the long lines of the physical stores for the convenience of a direct deposit to their Lasco Pay Prepaid Mastercard, or a bank account. 

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