BOSS Money review 2025: Pros, cons & real user ratings

Sending money internationally used to mean long waits, high fees, and complicated bank procedures. Thankfully, platforms like BOSS Money are making global transfers more accessible, especially for people who don’t have traditional bank accounts or prefer in-person payments. 

In this BOSS Money review, we’ll walk through everything you need to know about the platform in 2025: the good, the not-so-good, and what real users are saying. 

Let’s dive in. 

What is BOSS Money?

BOSS Money is a money transfer platform owned by IDT Corporation, a U.S.-based telecommunications company.

Over time, IDT expanded into financial services, allowing users to not just call home but send money there, too. First introduced in 2017, BOSS Money (formerly BOSS Revolution Money app) enabled customers to transfer money abroad using only their mobile phones.

While BOSS Revolution money transfer services were originally part of that ecosystem, BOSS Money is now a separate brand with its own site (https://www.bossmoney.com/) and mobile app.

With BOSS Money, users can send money internationally and add mobile top-ups, all in one place. The brand originally grew out of a need to serve immigrant communities, offering options for people without access to credit cards or bank accounts.  

BOSS Money now offers more delivery options, a dedicated mobile app, and a simplified, transparent fee structure, making it a smart choice for today’s mobile-first, convenience-focused users. Keep reading to explore how BOSS Money works, what it costs, and whether it’s the right fit for your money transfer needs. 

BOSS Money services and transfer options

The strength of BOSS Money lies in its flexibility and reach. Here’s a breakdown of what the service includes in 2025.

Send money to 50+ countries

BOSS Money lets you send funds to over 50 countries worldwide, with strong coverage across:

Transfers can be initiated from the U.S. to any supported destination. 

Multiple money transfer delivery methods

Depending on the destination, recipients can access the money through the following delivery options:

• Cash pickup: Available in thousands of payout locations via trusted partners. This option lets recipients collect their funds in minutes. To send money for cash pickup, you need to download the BOSS Money app. Select the destination country and choose “cash pickup” as your preferred delivery method. Pay for the transfer using your debit or credit card and securely share the cash pickup number with the recipient.

• Bank deposit: Lets you transfer the funds directly to the recipient’s bank account.

• Mobile wallet: Instantly send money to the recipient’s mobile money account. 

• Home delivery: This option ensures that the funds are delivered directly to the recipient’s address—no need for them to leave home. Note that delivery options vary depending on the destination country. To check if home delivery is available, launch the BOSS Money app or website and check if the recipient’s location is available. Check the available delivery options. If the location is eligible for home delivery, select Home Delivery when processing the transfer. 

• Direct to debit: Funds can be sent directly to an eligible debit card. 

These multiple payout options offer recipients convenience even without a traditional bank setup. 

Supported currencies

BOSS Money supports USD transfers and different local currencies for recipients, including:

• Bangladeshi taka (BDT)

• Brazilian real (BRL)

• Central African CFA franc (XOF)

• Colombian peso (COP)

• Ethiopian birr (ETB)

• Euro

• Ghanian cedi (GHS)

• Guatemalan quetzal (GTQ) – option for USD also available

• Guinea franc (GNF)

• Haitian gourde (HTG) – option for USD also available

• Honduran lempira (HNL) - option for USD also available

• Nepalese rupee (NPR)

• Pound sterling (GBP)

• Mexican peso (MXN)

• Nigerian naira (NGN)

Mobile app functionality 

One of the platform’s best features is its mobile experience. The BOSS Money app, available on both iOS and Android, is streamlined and beginner-friendly. With it, you can:

• Compare fees and exchange rates before sending
• Track your transfers live
• Get push notifications and promo updates
• Schedule mobile top-ups 
• Enjoy secure transfers backed by enterprise-grade security and a full refund guarantee

Refer a Friend program

Share the love and get rewarded! Invite your friends and get up to $25 for successful referrals.

For successful international mobile top-ups ($5 or more), you’ll receive an electronic $10 gift card by email.

Note that you will need to share your personal referral link. This guide shows you how to get one. 

How much does BOSS Money cost (fees & rates)

This is where BOSS Money shines: it offers transparent, competitive fees, and sometimes, $0 fee transfers for new customers. Boss Money also has promo offers for different destinations and occasions like Mother’s Day or New Year.

Fixed and variable fees

Fees depend on the delivery method and destination country. For example, cash pickups in certain countries may cost more than direct bank transfers, while others vary with the amount sent. To get a more concrete idea of the fees, you can preview transfer fees on the app.

For example, if you’re sending US$100 to Mexico, your recipient will get 1,888 MXN. If you’re sending the same amount to Guatemala, they’ll get 788 GTQ. Note that these figures are accurate as of writing and reflect the special exchange rate for new users. 

Promotions and first-time discounts

BOSS Money often provides seasonal and country-specific special offers, which help reduce fees or improve exchange rates. Check out this guide for the most up-to-date list of promo codes and available offers. 

Currency conversion 

Want to see what your recipient will actually get? BOSS Money offers a real-time calculator on its site. For example:

So, how much can you save by sending money to Mexico with BOSS Money compared to other providers? Compare rates below:

Note that figures are accurate as of writing this article. You can preview the rates for your route here.

No hidden costs: What you see is what you pay

BOSS Money offers competitive, transparent rates for money transfer services. No surprise fees here. Plus, the app shows you the exact amount your recipient will receive.

How fast is BOSS Money?

Speed is a key factor when choosing a transfer service. Nobody wants to wait five business days when their family needs the money now.

BOSS Money helps you send money quickly and securely. In most cases, your money will be delivered within minutes, especially when you choose faster options like mobile wallet transfers. Depending on the delivery method, some transfers may arrive by the next business day.

Some external factors can also affect how fast your money arrives. These include public holidays, time zone differences, recipient bank hours, agent working hours, and any extra verification steps like ID checks or compliance reviews.

It’s recommended that you verify your account in advance and check local bank hours and requirements for smoother transfers. 

BOSS Money app review

Now, let’s take a deeper look at the app itself. In this BOSS Money app review, we explore the app’s usability, features, and user feedback. 

User-friendly design

You don’t need to be a tech expert to use the app. The layout is clean and intuitive, and you can save frequently used recipients for faster future transfers. You can also repeat money transfer transactions. After completing one transaction, you can repeat it in one click.

Secure and compliant

BOSS Money uses multiple layers of protection to keep your app account and money transfers safe. These include:

• Face ID and passcode locks for secure app access.

• Built-in anti-fraud alerts.

• CVV and billing address verification to help prevent unauthorized payments.

Aside from these, BOSS Money also employs advanced systems, ensuring that every transaction meets U.S. and global compliance regulations.

Together, these measures help protect customers while reducing fraud risk.

Noteworthy features

Here are some of the exciting features you can find on the app:

• Multi-language support (English and Spanish)

• Status tracking with live updates

• Push notifications for transfer status and offers

App store ratings

Most negative reviews reference occasional bugs after updates or delays related to third-party factors, such as ID verification, public holidays, delivery methods, time zones, or agent availability.

BOSS Money customer reviews and ratings

To get a full picture, we looked at multiple review platforms for this BOSS Money review.

Trustpilot: 4.7 out of 5 (Excellent)

The majority of users on Trustpilot¹ praise BOSS Money’s fast delivery times, low fees, secure transactions, and good customer service. However, some users note that they have experienced delays in transactions, which are often caused by external factors like holidays, delivery methods, time zones, and agent availability. Others remark that they didn’t like being asked too many questions to complete a transaction.  

Monito & other aggregators

Monito’s latest comparisons² place BOSS Money as one of the top choices for ease of use, speed, low conversion fees, in-app deals, and multiple transfer options. The platform received an average rating of 9.0, placing highest for trust and credibility (10), followed by customer satisfaction (9.4), service and quality (8.7), and fees and exchange rates (8.0).

User communities 

On Reddit, one user shared³ their experience with BOSS Money: “I’ve been sending money back home while ago and I use BOSS Money, it’s been great! Super fast transfers, really good exchange rates, and they often run promos with $0 fees. My family gets more with them compared to others.”  

How to send money with BOSS Money

Transfers with BOSS Money are quick and intuitive. Here’s how:

1. Download the app from Google Play or the App Store.
   
2. Create an account.
3. Select Send money and choose the destination country.
   
4. Enter the amount and review exchange rates and fees. 
   
5. Choose the delivery method (bank deposit, cash pickup, mobile wallet, direct debit, or home delivery).
6. Add recipient details, including their full name, address, and phone number. If using a bank transfer, include their bank account details.
7. Choose a payment method and review your transaction details.
8. Confirm your transaction.  
   

Transfers can be tracked in-app after confirmation. 

Is BOSS Money safe and legit?

Fully licensed and regulated

BOSS Money is operated by IDT Payment Services Inc., which is licensed to provide money transfer services across the U.S. and is registered with the Financial Crimes Enforcement Network (FinCEN).  

Tech-driven security

All transactions are encrypted and monitored. ID verification ensures that only authorized users can send and receive money. BOSS Money lets you send between US$10 and US$2,999 (app). You also have the option to send larger amounts (up to US$10,000) at retail locations. Note that these limits may vary depending on the recipient’s country and your selected delivery method.

Pros and cons of using BOSS Money

Still on the fence? Here’s a summary of BOSS Money’s pros and cons:

Final verdict: Should you use BOSS Money in 2025?

For frequent senders, especially those sending to Latin America, Asia, or Africa, BOSS Money offers a fast, reliable, and affordable alternative to banks and traditional services. 

It combines mobile convenience with in-person support (through partner retailers), making it one of the few apps that bridges the gap between digital and cash economies. 

If you’re looking for an honest, low-hassle transfer experience, then BOSS Money is worth a shot. 

Download the BOSS Money app and try your first transfer today. As a new customer, you get two first $0 fee transfers or a $0 fee for your first five transactions. Plus, new users can enjoy a special exchange rate. With low fees, great coverage, and strong reviews, it’s a practical solution whether you’re sending $10 or $2,000.

Sources: all third party information obtained from applicable website as of July 10, 2025

1. https://www.trustpilot.com/review/bossmoney.com

2. https://www.monito.com/en/review/boss-money

3. https://www.reddit.com/r/Philippines_Expats/comments/1hs1y47/comment/mmnlpz9/

4. https://www.globenewswire.com/news-release/2025/06/23/3103403/0/en/BOSS-Money-Ranked-Highest-by-Customers-Among-Money-Transfer-Companies.html

5. https://www.sec.gov/Archives/edgar/data/1005731/000149315222028469/form10-k.htm

This article is provided for general information purposes only and is not intended to address every aspect of the matters discussed herein. The information in this article is not intended as specific personal advice. The information in this article does not constitute legal, tax, regulatory or other professional advice from IDT Payment Services, Inc. and its affiliates (collectively, “IDT”), and should not be taken or used as such by any individual. IDT makes no representation, warranty or guaranty, whether express or implied, that the content in this article is current, accurate, or complete. You should obtain professional or other substantive advice before taking, or refraining from, any action on the basis of the information in this article.