Regional Central Banks Further Discussions on CARICOM Payment and Settlement System with PAPSS Engagement

Regional central banks are making significant progress toward the establishment of the CARICOM Payment and Settlement System (CAPSS), a proposed regional payment platform that will enable seamless retail and commercial instant payments across member states in local currencies. CAPSS is intended to reduce transaction costs and improve payment efficiency, thereby strengthening regional trade and economic... The post Regional Central Banks Further Discussions on CARICOM Payment and Settlement System with PAPSS Engagement appeared first on Central Bank of Trinidad and Tobago.