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August 12, 2024
On the web
Bahamians Didn’t Want CBDCs–So Now They’re Being Forced to Use Them
CATO Institute
December 14, 2022
On the web
Bluestone Signs Bahamian Digital ID Agreement with Biometric Payment Option
Biometric Update
“Bahamas-based digital ID firm Bluestone Labs has entered a six-year contract with the country’s Unified Public Transportation Co. (UPTC) to implement a new payment system utilizing digital ID for public transportation. The system will work with the nation’s central bank digital currency (CBDC) and biometric payments support. It will debut on the island of New Providence and is expected to be installed on 220 buses running 40 routes and transporting 60,000 to 90,000 passengers per day. The UPTC jitney pass will be available to travelers via a new transit feature within Bluestone’s mobile app, available on both Android and iOS devices.”
September 12, 2018
On the wires
Island Pay Launches its first Caribbean Mobile Payment Solution in The Bahamas using Samsung technology
“The new service will allow Bahamians and visitors alike to make contactless payments between themselves or with Island Pay merchants across the whole of the island archipelago. CCP is running on secure chip technology from Samsung Semiconductor, the software application platform is provided by Smartlink, a Swiss fintech specializing in mobile and alternative payment solutions.”
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