Island Pay launches first-ever digital currency Tourist Wallet and Small Merchant apps to help drive economic growth in The Bahamas.

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.

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.

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.

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 [...]

(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 [...]

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 [...]

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 [...]

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 [...]