Central Banking

Palestine launches hybrid payments system

The Palestine Monetary Authority's new payments system will be capable of processing both wholesale and retail payments, it emerged Monday.

Perago, a financial infrastructure firm, will create the real-time gross settlement system, which will also allow for developments in online and mobile banking. The firm described the system as a "strategic development towards the Palestinian State."

"It will enable the efficient clearing and settlement of payments within the banking system in Palestine, pro

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: