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A safe and simple way to accept payments online

Handle your business, anytime, anywhere

LASCO BIZ Merchant Membership Programme

LASCO BIZ Merchant Membership Programme (LASCO BIZ) provides MSMEs and other interested entities, the ability to accept all card payments and participate in an emerging e-commerce trend using a virtual point of sale. Members can track sales, expenses, produce invoices and enjoy other great features and benefits from the convenience of their smart devices …anytime…anywhere! Never miss another sale!

The programme is ideal for registered as well as unregistered businesses, as merchants will enjoy the convenience of:

Receiving payments from customers who are predominantly card-based customers, without the need to carry around a bulky card machine.

Selling online using their preferred social media

Providing contact less payment solution for their customers

Collecting deposits/down payments

Add payment link to existing website, where e-commerce is not available

Products

When the merchants enroll in the LASCO BIZ Membership Programme they can choose from any of the 5 Packages and enjoy the features and benefits of each:

LASCO BIZ Biller


  • Unlimited Invoices
  • Unlimited Products
  • Unlimited Clients
  • Accounting Module
  • Inventory Management
  • Reports

LASCO BIZ iDeal


  • All the features of the LASCO BIZ BILLER
  • Payment Buttons (from email/social media)
  • Unlimited Orders
  • Gateway Integrations
  • Courier Integrations
  • Logistics Module
  • Embedded Payment Button on your website

LASCO BIZ Webstore


  • All the features of the LASCO BIZ IDEAL
  • Free Webstore
  • Secure Hosting

WHY YOU NEED LASCO BIZ?

LASCO BIZ Merchant Membership programme’s platform differs from other e-commerce platforms

LFSL is forever committed to providing Jamaicans with access to everyday financial services, and LASCO BIZ is no different.

Are you ready to start accepting payments online?

LASCO BIZ Merchant Membership Programme (LASCO BIZ) is a subscription-based platform provided by LASCO Financial Services Ltd (LFSL), that provides MSMEs and other interested entities, the access to accept all Keycard, MasterCard and Visa card payments using e-commerce.

Business owners/ Merchants can register for LASCO BIZ, by contacting LASCO Financial Services, Payment Services Department, or by visiting www.lascobizja.com, where an account executive will contact you to complete your registration process.

Business owners/ Merchants will need the following items to start the registration process:
  • Signed Merchant Application and Agreement Forms
  • Valid National ID
  • Copies of the following documents:
    • [Company] Tax Registration Number (TRN)
    •  Memorandum and Articles of Association*
    • Article of Incorporation*
    • Registration of Business Name*
    • Tax Compliance Certificate (TCC), where applicable
  • Bank account information*
* WHERE APPLICABLE

When the merchants enroll in the LASCO BIZ Membership Programme they can choose from any of the 3 Packages and enjoy the features and benefits of each:
LASCO BIZ Biller LASCO BIZ iDeal LASCO BIZ Web Store
Unlimited Invoices All the features of the LASCO BIZ BILLER, plus:   All the features of the LASCO BIZ IDEAL, plus:  
Unlimited Products Payment Buttons (from email/social media) Free Webstore
Unlimited Clients Unlimited Orders Secure Hosting
Accounting Module Gateway Integrations  
Inventory Management Courier Integrations  
Reports Logistics Module  
  Embedded Payment Button on your website  
 

Merchants enrolled in the LASCO BIZ Membership Programme are required to pay a monthly subscription fee, specific to the package the merchant signed up for. Merchants are billed at the 1st of each month and the fees are payable upon receiving the invoice from LASCO Financial Services Ltd. There is also the Merchant Discount Rate (MDR), that is applicable for each transaction. This fee is applied at the time of settlement to the merchant’s account. A fee structure will be provided at the point of registration with the account manager.

The payment platform accepts, Visa Debit & credit cards, Mastercard debit & credit cards and NCB Lovebird KeyCard.  

As a LASCO BIZ Member, you get access to a platform supported by the technology of Fygaro, this includes payments done through the links and the web store option with secure hosting. Customers of LASCO BIZ merchants can also take comfort in the fact that their cards are secured by the technology of their respective carrier, i.e., VISA, Mastercard or NCB. All information is deemed sensitive data and as such, is always transmitted via secure HTTPS channel.  

LFSL will settle with LASCO BIZ Members accordingly: The settlement process is conducted every other day; merchants will receive payments in Jamaican currency and in specific cases USD payments are facilitated. Conditions apply. Merchants may facilitate refunds with our assistance if required.  

The programme is flexible, merchants can upgrade their package, subscribe for more than one package and or users as well as opt out as all plans are available month-to-month.

LFSL is forever committed to providing Jamaicans with access to everyday financial services, and LASCO BIZ is no different. The programme is ideal for registered as well as unregistered businesses, as merchants will enjoy the convenience of:
  • Receiving payments from customers who are predominantly card-based customers, without the need to tote around a bulky card machine.
  • Selling online using their preferred social media
  • Providing contact less payment solution for their customers
  • Collecting deposits/down payments
  • Add payment link to existing website, where e-commerce is not available