15/06/2026
CTU Congratulates Barbados on the Successful Launch of BiMPay and Calls for a Caribbean Vision of Seamless Regional Digital Payments
The Caribbean Telecommunications Union (CTU) extends its warmest congratulations to the Government of Barbados, the Central Bank of Barbados, the Barbados banking sector, and all stakeholders involved in the successful launch of BiMPay, Barbados’ national instant digital payments system. The platform allows individuals, businesses, and government entities to send and receive funds instantly, securely, and around the clock, representing a major milestone in the country’s digital transformation journey.
The introduction of BiMPay places Barbados among a growing group of countries that have embraced modern instant payment infrastructure to improve economic efficiency, expand financial inclusion, and accelerate digital innovation.
Similar systems have transformed the payments landscape in countries such as the United Kingdom, India, Brazil, Singapore, and across the European Union, where real-time payments have reduced transaction costs, improved convenience, increased transparency, and supported the growth of digital commerce.
Read more here: https://ctu.int/ctu-congratulates-barbados-on-the-successful-launch-of-bimpay-and-calls-for-a-caribbean-vision-of-seamless-regional-digital-payments/
Photo courtesy: Caribbean National Weekly