Jamaica

Jamaica’s largest bank pushes digital payments initiatives
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30 May, 2025

Jamaica’s largest bank pushes digital payments initiatives

In other news, Thai authorities have paused its digital wallet project designed to give funds to citizens, which triggered a...
UNESCO, Jamaica form ties; North Macedonia boosts SMEs
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8 April, 2025

UNESCO, Jamaica form ties; North Macedonia boosts SMEs

Jamaica advances its digitization drive with support from UNESCO; meanwhile, SMEs in North Macedonia garner support for the wider adoption...
Jamaica’s largest bank casts doubt on CBDC
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23 August, 2024

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
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25 January, 2024

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
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22 May, 2023

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
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16 April, 2023

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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