BOSS Money Introduces Domestic Money Transfers; Expands Delivery and Payment Options

Core Insights - BOSS Money, a remittance and payments brand of IDT Corporation, has launched several initiatives to enhance its money transfer services, including domestic remittances within the U.S. [1][2] Group 1: Domestic Money Transfer Service - BOSS Money's new domestic money transfer solution allows U.S. customers to send money to recipients' U.S.-issued Visa or Mastercard-branded bank or reloadable debit cards, with most transactions credited within minutes [2]. - The service is accessible even to those without a smartphone, internet access, or a bank account, making financial services more inclusive [3]. Group 2: International Money Transfer Enhancements - Customers can now transfer funds directly to recipients' in-country Visa and, in some cases, Mastercard-branded debit or reloadable cards for international transactions, with availability in popular Latin American and African destinations, as well as the Philippines [4]. Group 3: Cost-Effective Payment Options - BOSS Money has introduced reduced transaction fees for customers funding transfers directly from their bank accounts instead of using debit or credit cards, available through both the BOSS Money and BOSS Revolution apps [5]. - The new direct-to-card delivery and affordable bank account payment options enhance convenience and affordability for sending money domestically and internationally [6].