Wednesday, Oct 17, 2018

BITT to visit Montserrat

BITT to visit Montserrat
04 Oct
2018

A three-member team from a Barbados based financial technology company, BITT Incorporated, is scheduled to visit Montserrat later this month.

It's part of the implementation process of a recently signed Memorandum of Understanding with the government of Montserrat.

According to BITT officials, the MOU was signed in February 2018 and is aimed at creating a digital payments eco-system in Montserrat.

The agreement also provides a framework for BITT to collaborate with the government of Montserrat and all other local stakeholders, including commercial banks and merchants, to implement the digital financial ecosystem, using a digital version of the EC dollar, in a phased approach.

 

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