IDT Payment Services, a subsidiary of IDT Corp., launched an international money transfer service to expand its Boss Revolution payment platform.
The Boss Revolution platform provides domestic and international airtime top-ups and domestic bill payment.
In Latin America, Boss Revolution has more than 6,000 locations in eight Latin American countries with plans to add more than 15,000 locations throughout Latin America by end of the year. Boss Revolution also plans to expand to parts of Africa and Asia, including China and the Philippines.
"Boss Revolution customers now can also send money directly to family and friends knowing that their funds will arrive securely and quickly," says Bill Pereira, CEO of IDT Telecom, in an Aug. 1 press release. "And as always, they do not need a credit card or bank account to use any Boss Revolution service."
Customers can select from several overseas payment options, including direct deposit, cash pick up and home delivery. In March, IDT Corp. partnered with Fiserv, allowing IDT to offer CheckFreePay walk-in bill payment services.