IDT Boss Money says customers sent record transfers week prior to Mother’s Day

BOSS Money, the international money remittance service of IDT Corporation, announced that its customers sent a record number of transfers during the week leading up to Mother’s Day, on May 12, 2024. “Mother’s Day is always an exciting time for BOSS Money, as we help our customers celebrate their mom and show their love by sending a gift she will appreciate,” said Michelle Rendo, Boss Money’s VP of Marketing. “BOSS Money generated 46% year-over-year transaction growth and a 41% revenue increase for the week that ended on Mother’s Day,” Rendo added. “Looking only at destination countries that celebrated Mother’s Day this past week, transactions surged 56% compared to last year with strong contributions from both our digital and retail channels.”