MasterCard has announced a partnership with WiPay, aiming to evolve and develop its presence in the Caribbean and drive greater financial inclusion in the islands through a suite of payment and acceptance solutions.
As part of the partnership, WiPay will: (a) leverage Mastercard’s Bank in the Box solution to empower small and medium sized enterprises (SMEs) through card acceptance; (b) partner with a local financial institution who will issue Mastercard prepaid cards; (c) leverage payment solutions for government programmes.
The collaborative solutions will launch in Jamaica and Trinidad & Tobago initially, with roll outs in Grenada, Guyana, Dominica, Barbados, St Kitts, St Lucia, St Vincent, and in the Bahamas, among others in the near future.
Trinidad and Tobago’s Planning and Development Minister, Camille Robinson-Regis, said another major achievement was obtained for the digitisation of its Town and Country Planning Division (TCPD) as several more regional corporations have been completely digitised. The process started in April 2020 allowing all planning permission applications of stakeholders to be processed electronically, and at the beginning of September; another important group joined the digitalised process.
Robinson-Regis said that the decision of the TCPD to fully digitise, signals the fulfilment by her ministry of the government’s mandate to modernise and digitise the country’s public service.
The DevelopTT platform aims at easing citizens’ businesses by allowing applicants to submit information electronically; track the processing of their applications; and receive decisions digitally within a short time frame. The TT Government urged citizens to register via www.developtt.gov.tt or www.ttbizlink.gov.tt.