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 1^st 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