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LASCO Financial launches co-branded prepaid MasterCard

LASCO Financial Services Ltd. > News > LASCO Financial launches co-branded prepaid MasterCard

LASCO Financial Services Limited (LFSL) has partnered with Alliance Payment Services Limited to launch a new cobranded ePay MasterCard.

Branded LASCO PAY, the card allows remittance customers the convenience and safety of conducting cashless transactions in time for their back–to-school shopping, the financial services company said in a press release.  

LASCO Financial said customers can register at any of the over 100 agent locations island-wide or at LASCO Money Stores located at 381/2 Red Hills Road in Kingston and the Baywest Shopping Centre on Harbour Street, Montego Bay, with a valid ID and TRN. 

Additionally, through LASCO Money’s remittance locations, cardholders can top-up their remittances unto their LASCO PAY card.  LASCO PAY can be used at all point-of-sale terminals where MasterCard is accepted, giving unbanked customers even more access to digital payment platforms, the release stated.

“The great thing about LASCO PAY is that it allows persons who have limited or no access to the banking system to have an opportunity to conduct their financial affairs safely and at their own convenience,” explained Lennox Robinson, chief executive officer of Alliance Payment Services Limited. 

The release added that, by downloading the LASCO PAY app from Google Play Store, customers can also conduct  personal financial transactions with greater convenience, namely, card to card transfers to friends and family, pay utility bills and phone credit top-up or visit the website at www.lascopayja.com for additional information.

Cardholders can withdraw cash from major ATMs or make cashless purchases locally or shop online, the release said.

Jacinth Hall-Tracey, managing director at LASCO Financial Services Limited, said through its partnership with Alliance Payment, her company “is pleased to bring this innovative and unprecedented level of convenience to market, utilizing the synergies of the LASCO group.

“Our consumers are searching for practical financial solutions and we are thrilled to give persons the opportunity to have more control over their financial affairs with such ease,” she said.

LASCO Financial Services Ltd is an authorized agent of Alliance Payment Services Limited.  

Credit: Loop News