The national rollout of the Sand Dollar from the Central Bank of the Bahamas (CBOB) now has nine authorized financial institutions (FIs) that have completed the interoperability process, allowing them to communicate and exchange funds among the various platforms, the Nassau Guardian reported on Wednesday...
Mastercard is partnering with mobile wallet provider Island Pay and the Central Bank of The Bahamas to launch the first ever prepaid card that lets people pay using the nation’s central bank digital currency (CBDC), the Bahamas digital Sand Dollar. Piloted in 2019, the Sand...
The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. 27) in Exuma. Called Project Sand Dollar, the name of the currency will also be the sand dollar, according to a press release. The move...
December 28, 2021
The days of paying for things by check in the Bahamas could be coming to an end. The country’s central bank on Tuesday (Dec. 28) said in a press release it had begun consulting with banks, credit unions and other payment providers on a strategy to “eliminate all use of domestic cheques by the end […]
May 05, 2021
The national rollout of the Sand Dollar from the Central Bank of the Bahamas (CBOB) now has nine authorized financial institutions (FIs) that have completed the interoperability process, allowing them...
February 22, 2021
Mastercard is partnering with mobile wallet provider Island Pay and the Central Bank of The Bahamas to launch the first ever prepaid card that lets people pay using the nation’s...
December 26, 2019
The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. 27) in Exuma. Called Project Sand Dollar, the name of...
