Wed | Mar 21, 2018

Paymaster invests $20M in bill payment website

Published:Monday | December 5, 2016 | 12:00 AM
Michael Fisher, general manager, and Avadawn Weir, client relations executive.

Paymaster has invested $20 million in a new website, making it easier for the Jamaican diaspora to directly pay bills for their families back home.

With an estimated 19 per cent of global remittances used for bill payments, 14 per cent for education and seven per cent for medical bills, Paymaster can collect payments in all those categories, allowing the sender to direct the payment precisely where it is needed.

At the click of a button, members of the Jamaican community abroad can save their families time and ensure that the right bills get paid on time, Paymaster said in a release.


General Manager Michael Fisher said "the feedback we received from the diaspora in the United States, Canada and the United Kingdom was that they wanted to be able to pay their families' bills back home with ease and to direct payments to the areas where they are needed most".

Paymaster allows payments for all major utilities in addition to school fees, hospital bills, microfinance payments and many more.

Fisher added: "This recent investment displays Paymasters' commitment to the Jamaican diaspora community, giving them simple, direct control of their personal investment in their families' health, education and well-being. So, many people are genuinely excited about being able to pay their families' bills with ease this Christmas."

To celebrate the launch of the new website, Paymaster is offering every person from abroad who pays one or more Jamaican bills through the site, the opportunity to win a flight back to Jamaica to connect with their family.

The company said that with more than 180 physical locations and more than 100 client billers, Paymaster remains the easiest and most convenient way to pay all bills at once. Customers can visit any of their locations or to make bill payments, the release said.