Capital and Credit's remittance operation Reggae Money Express has formed an alliance with Xoom Corporation, an Internet-based global money transfer company operating from the United States.
The Reggae Money Express-Xoom.com partnership will allow customers to send money from a credit card
or chequing account to Jamaica from any Internet-enabled computer, the Jamaican company said Wednesday.
The details of the deal were not disclosed.
services offered
Reggae Money Express offers cash pick-up at some 70 sub-agents in the island, deposits to accounts held at any financial institution, bill payments
, as well as mortgage and other loan payments.
Under the new Xoom facility, when paying from a chequing account, the cost to transfer money to Jamaica, in amounts up to US$2,999, will be US$7.99. Read more
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