Curaçao and Sint Maarten to introduce instant payments system

Overdue payment

The Central Bank of Curaçao and Sint Maarten has announced plans to introduce a new dual currency instant payment system by the second half of 2021.

The central bank is working with equensWorldline, a European payment infrastructure provider, to design a new payment, clearing and settlement system. It will conduct transactions in both Antillean guilder and US dollar.

“This makes the CBCS one of the first institutions in the region to use a direct dual currency system and to process dollars

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