Global registry · Latin America · Caribbean

Jamaica Payment systems

1 system listed.

This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.

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Central bank digital currency

JAM-DEXThe world’s first CBDC to be granted legal tender status. Adoption has been held back by a lack of public education, the difficulty of onboarding merchants (POS terminals need updating), and no requirement for banks to upgrade their ATMs. Distributed through licensed wallets, including Lynk and JN Bank.Bank of Jamaica · since 2022

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