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“The BOSS Revolution comes with plenty of financial and communication services around the globe. With the aim of making it easier for you to stay in touch with your loved ones, we offer high-class international calling, mobile top-ups, and money transfers.”
But if you’re contemplating using the BOSS Revolution to make international transfers, this article will guide you through all the Boss Money Transfer features and services.
In this article, we delve into the complete review of the Boss Money App so that you can know about its money service, fees, charges, and offers and make informed decisions after it.
Pros and Cons
Pros:
- The BOSS Money Transfer App is available for both Android and Apple devices.
- Providing you transfers to over 50 countries.
- Rapid transfer time.
- A variety of methods are available for transfers.
- 24/7 customer support.
Cons:
- Transfer service is available for US customers only.
- High credit card transfer fees.
- Lower limits for transfers ($2,999).
What is the BOSS Money App?
BOSS Money App; Boss Revolution has been offering you money transfer service since 2013 under IDT Payment Services. Initially launched for U.S. users, including selected countries in Latin America, But over time, Boss Revolution has grown its cross-border payments to over 59 countries.
At present, it’s simple and easy to stay in touch with your loved ones with a cheap remittance platform.
BOSS Money Transfer Fees & Exchange Rates:
Transfer fees—Boss Money international transfer fees will vary by the country to which you transfer money and the payment method you select.
Although your first transfer is free with Boss Money Transfer when you send up to $300 from your account.
As a cheaper international remittance provider, you will charge the lowest fee of $1.99, but it can be higher depending on the conditions. For example, if you transfer $300 US to Brazil with a debit card, you will be charged $1.99, but if you pay with a credit card, it will be significantly higher, up to $7.99.
Exchange Rates—Boss Money gives you a favorable markup on the mid-market rate for international transfers, but it fluctuates depending on the currency pair you are converting.
To check the BOSS Revolution mark-up rate, simply Google the mid-market rate for your currency pairing and visualize the mark-up rate added by BOSS Money. Also, compare it to other platforms, such as MoneyGram, so that you can get the best deal.
Updates! Check the best money transfer rates for India.
Other charges:
There are no hidden fees charged by Boss Money. But if you’re paying with your credit card, you may be charged by your credit card provider some cash advance fees.
What methods does BOSS Money offer you to make transfers?
Boss Money gives you a variety of ways to process transfers. Here we have listed all of them:
Bank Deposits: Bank transfers are the most commonly used process to make international transfers. As it is a universally accepted payment method, BOSS Money also featured bank deposits.
Mobile wallet transfer: Mobile wallets are also a secure way to transfer money to recipient bank accounts. And fortunately, BOSS Money gives you the option to send money online directly to their mobile wallets.
Cash Pickup: BOSS Money also offers cash pick-ups at 300,000 partner locations or agents around the world. If you want to send money without using a bank transfer, you can pick it up as cash quickly.
Home delivery: You can also get an incredible payment option to get money right to your door. But this opportunity is not provided by all the countries; check if it is available to you.
Transaction process:
Here’s all that’s included in a transaction process:
How do I get started with transactions with BOSS Money?
It’s seamless to transact with BOSS Money. You can send money within the app or on the website to 50 different countries with a variety of delivery methods.
For a complete payment procedure guide and to stay informed about more promotions, check it out here.
How long does BOSS Money take to transfer money?
BOSS Money gives you expeditious transactions within minutes, but the transfer time also depends on the delivery method you choose.
Either you are using bank transfers or cash pickups, both of which give you rapid transactions within a few minutes after sending. But it can be transferred until the next working day.
What payment methods are available to you when sending money?
There are two options:
Credit Card or Debit Card: You can use American Express, Mastercard, and Visa credit and debit cards to make international transfers or for other BOSS Money services like mobile top-up.
But if you use credit cards for your billing, they will charge you higher fees than a debit card.
Cash Payment: You can also make payments in cash by clicking on the ‘Pay at store’ option and completing your money transfer order. In this way, you can make payments in cash at the partner location.
Boss Money Transfer Limit:
Is BOSS Money offering you a limit for transfers? You can transact a minimum of $10 and a maximum of $2,999. But there are also specific limits for some destinations and certain types of transfers in accordance with the rules of the country.
Currencies offered by BOSS Money Transfer:
BOSS Money Transfer offers you the option to send money to 50 countries from the US, or you can check on the website to see if it is available to you in other countries.
So that you can pair your US dollars with the 50 country currencies available to you on the app.
You can also compare BOSS Money with Wise transfers and Atlantic Money.
Boss Money Transfer Reviews: What do users say about it?
On Trustpilot, Boss Money receives 4.3 out of 5 stars and an “excellent” rating ratio.
In which the users share their real experiences with the service, admiring their quick transfers, friendly interface, low fees, and excellent currency exchange markup.
On the contrary, the company also faces some criticism due to its slow or delayed transfers and poor customer service.
If we consider Apple Store and Google Play ratings, they hit 4.5 out of 5 and 4.6 out of 5, respectively. Although the users find BOSS Money an effective app for transfers with good features, most of the feedback is on the BOSS Revolution international calling service it offers.
Is BOSS Money Transfer trustworthy?
Yes, BOSS Revolution money transfer is a trusted service.
It is regulated by licensed IDT Payment Services and IDT Payment Services of New York, which also played a role in the regulation of other international remittance providers.
To add more legitimacy to Boss Money, it will give you a 100% money-back guarantee in case any calamity happens to you.
Conclusion: Is BOSS Money for you?
Boss Revolution Money Transfer app gives you access to transact money internationally from the US to 50 countries.
Now you can make simple and secure transfers seamlessly directly to the recipient’s mobile wallet, bank account, and cash pickup.
If you are a US citizen, Boss Money Transfer is the best deal to make international payments with a low, transparent fee and reasonable exchange rates.
