Payment Systems

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Sunday, 7 July 2024
5 days ago

Coming soon: fast, easy, cheap payments between the Philippines, Singapore, Malaysia, Thailand, India

The Bangko Sentral ng Pilipinas and the Bank for International Settlements, in collaboration with other central banks, have successfully completed the comprehensive blueprint for phase three of Project Nexus — an ambitious program that aims to seamlessly connect instant payment systems (IPS) across multiple countries.
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