West Palm Beach – CaribPay has teamed up with Capital & Credit Remittance Limited in Jamaica to better serve the Jamaican money transfer market now and into the future.
In addition to being able to send money to any bank account or credit union account in Jamaica, CaribPay members can now send money for cash pick up at more than 80+ locations in all parishes in Jamaica.
How does CaribPay work?
Customers setup a free CaribPay account, fund the account and then transfer money to friends and families back home. Customers can fund a CaribPay Account by either (a) purchasing, with cash, a prepaid TreasureCard from an authorized retail agent in the USA and the use it to deposit money into the CaribPay account (b) using any of over 1,700 financial services locations across the Internet. CaribPay customers can schedule money transfers using a designated bank account and arrange for transfers to their CaribPay account via their preferred home-banking service provider such as banks, portals, brokerage firms and credit unions. (c) using one of the standard branded credit/debit cards (Visa, MasterCard, American Express or Discover Card) or using a USA bank account to directly deposit funds into the CaribPay account at www.CaribPay.com.
According to Michael Treasure, President & CEO, “one of the unique conveniences of the CaribPay services, is that customers without internet connection can setup up a CaribPay account in one of three ways (a) at retail agents across North America by filling out a free CaribPay application (b) over the phone by calling the CaribPay customer service center (c) at CaribPay PrePaid eLink Kiosk.”
One of the most unique features of the CaribPay service is that customers without a standard credit card or a USA bank account may fund their accounts with cash by either using the prepaid TreasureCard, which can be obtained from a CaribPay retail agent or going directly to any of over 6,000+ Bank of America Branches to make a deposit. Once the free CaribPay account is funded money can then be transferred from the account via email, over the phone, through a PrePaid eLink Kiosk or at an agent location to any recipient in the Jamaica for cash pick up at NCB branch. Upon transfer funds are guaranteed to be available within 30 minutes to the beneficiary. The CaribPay account also provides a free calling card account that offers very competitive rates to Jamaica. In addition the CaribPay account provides the account holder the ability to pay any biller in the USA or in Jamaica.
CaribPay provides the fastest and most secure way to transfer cash online or offline from the USA and to send money to friends and families to the Caribbean. Opening a CaribPay account is like having your bank with you anywhere you go.
By enabling customers to send their money transfers electronically and do it via any one of 1,700 financial sites, or through any branch of Bank of America, or through participating retail locations across the USA, we are offering our customers more options and the convenience they have come to expect,” said Mr. Michael Treasure.
“Our relentless pursuit of providing a simple and convenient money transfer experience – from the convenience of home or from a retail outlet anywhere across the USA – is what makes CaribPay the technological leader in the money transfer market sector.”
CaribPay’s business objective is to provide customers with innovative money transfer solutions in keeping with our vision of a better and low cost way to send money to family and friends. Our money transfer solutions are developed with consistent regard to those attributes that customers demand in their money service transactions: VALUE, CONVENIENCE, and SECURITY. On the question of value CaribPay offers one of the least expensive options on the market. Customers can send between US$1 to US$2,500 at a cost of between US$7 and US$25.
