News & Blog

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October 12, 2022

Island Pay enters Barbados, heads for 100K users

CANADIAN Richard Douglas, CEO and co-founder of digital payment system Island Pay, indicates that users have passed the 50,000 mark and include workers in The Bahamas who receive their salaries on the platform.
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News
October 10, 2022

New digital payment options on horizon

Barbadians can now pay their bills at self-service kiosks and have greater access to digital alternatives to physical cash thanks to Bahamian fintech company Island Pay.
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News
October 4, 2022

Island Pay Launches Digital Wallet and Kiosks in Barbados

Bridgetown, Barbados (October 4, 2022) - The Bahamas-based fintech company Island Pay, today announced its expansion into Barbados with the launch of its digital wallet and first transaction kiosk, located at the Constitution River Bus Terminal in the city.
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News
December 1, 2021

Island Pay promotes Fintech education at SUCCESS SUMMIT 2021

Nassau, Bahamas (December 1, 2021): On Saturday, December 4, 2021, Jeffrey Beckles, Managing Director at Island Pay, will speak to high school students about personal budgeting and the growth of fintech in The Bahamas at [...]
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Digital Currency
October 22, 2021

Sand Dollar CBDC – #1 Most Influential Project of 2021 in Finance

The people and businesses of the Bahamas are spread across roughly 30 islands in the Caribbean—and the nation’s banking system is just as fractured as its geography. With a declining number of brick-and-mortar banks, the [...]
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Digital Currency
October 4, 2021

Island Pay and Bahama Eats partner to make Sand Dollar the world’s first Central Bank Digital Currency (CBDC) to be used for national payroll

(Nassau, Bahamas – October 4, 2021) Island Pay, one of the world’s leading digital currency technology companies, and Bahama Eats, the country’s largest on-demand food delivery service, have announced a partnership that will see The [...]
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Sand Dollars
June 2, 2021

Financial services to prosper from increased collaboration

RAPIDLY EVOLVING expectations and digitalisation are creating enormous challenges for the financial services industry. But they also represent tremendous opportunities for collaboration between central banks and fintech companies. Increasingly, traditional banks and fintechs have come [...]
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Security
March 3, 2021

Caribbean central banks forge ahead with digital currencies

Robin Arnfield Two Caribbean central banks have introduced central bank digital currencies, overtaking developed countries which are still at the investigation stage. An underbanked sparse population, spread over many islands, makes the Caribbean an [...]
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Blog Posts