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JAM-DEX
Jamaica’s largest bank casts doubt on CBDC
The National Commercial Bank, the only Jamaican bank that currently offers a CBDC wallet, says that while its digital banking...
Jamaica to finance point-of-sale upgrades in CBDC push
Jamaica needs to upgrade 50,000 point-of-sale machines to handle its JAM-DEX, and the central bank has pledged to fund the...
Jamaica plans digital marketplace to trigger CBDC adoption
Jamaican Senator Aubyn Hill disclosed that the marketplace would operate as an e-commerce platform allowing customers to pay for goods...
Jamaica’s finance ministry launches incentive program to trigger CBDC growth
Since its launch in 2022, about 190,000 Jamaicans have signed up for the JAM-DEX wallet, with total transaction activity valued...
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