Miami, USA – With a vision of transforming financial services among the Jamaica diaspora and tearing down the barriers to financial inclusion, Digicel, Mastercard and Metropolitan Commercial Bank have teamed up to launch Digicel MyCash, a new low cost, convenient and safe way for Jamaicans to send money back to Jamaica for less.
A market first, with the Digicel MyCash mobile app and accompanying prepaid Mastercard, customers have the freedom to manage their money better and can access a world of financial possibilities. And with no painful application forms, no credit checks and no sign-up fees – and no need for an existing bank account – Digicel MyCash is for everybody and is accessible to everyone.
So what’s MyCash all about? A low-cost prepaid Mastercard, meaning customers can conduct transactions at over 50 million locations in 210 countries worldwide, shop online and never overspend and have 24/7 access to their money from over 425,000 ATMs across the US*. The Digicel MyCash App lets you not only send and receive money locally instantly, but also with Digicel’s MyCash ground breaking Mastercard Send feature, you can send money back to Jamaica instantly and it is significantly less than what other existing leading money transfer providers charge.
Digicel MyCash also offers peace of mind as it is much more safe and secure since loved ones back home don’t need to make the trip to a money transfer outlet to pick up their cash. The money is instantly transferred to the receivers MyCash card.
All customers need to do to get up and running is download the MyCash app and register. In 3 to 5 days, you will receive your FREE Digicel MyCash prepaid Mastercard in the mail and you can load your card at over 65,000 retail locations including; Walmart, 7-Eleven, & CV Drugstores to name but a few. The App even has its own store/ATM Finder which will give you directions to your nearest load money store & ATM.
The service has been successfully piloted throughout the last few months and will be available in Florida, New York & Connecticut and in Jamaica starting Friday 24th August 2018. While the card is free to activate, there is a low $2 Dollar monthly account fee. Transaction fees are low and there are no hidden charges – We have our fees front & center on the Home Page of our website (www.DigicelMyCash.com)
“This partnership is a game changer for local diaspora Jamaican communities living in the US and is the result of years of research and planning. The beauty of this service is that it’s for everybody,” said Marcelo Tangioni, Territory Manager for the Caribbean at Mastercard.
Fabian Williams, Chief Strategy Officer for MyCash, comments; “With the combined strength of the Digicel & Mastercard brands and capabilities, our Digicel MyCash offering is quite simply second to none. We are very excited to be bringing something unique and unparalleled to the Diaspora Jamaican community and proud to be opening up a world of opportunities for Jamaican consumers.”
BY USING THIS CARD YOU AGREE TO THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY.
This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
* ATM bank fees may apply