Users will be able to spend up to USD 13,800 per annum. However, its cash-out option to bank accounts is no longer available from 18th May 2020 onwards.
Prior to the latest changes, Boost is the only provider among the top 3 eWallet players that allows you to transfer funds to a local bank account. This was only available for Premium Wallet users and Boost charges a fee of 2% for each transfer. With the new wallet update, Premium Wallet users are still able to transfer money but only between Boost Wallets.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright