Bitt Inc and National Bank of Belize partner for e-wallet
Barbados based financial technology firm Bitt Inc. has partnered with the National Bank of Belize Limited (NBB) to include an e-wallet in its existing mobile banking services and seeks to extend financial inclusion to its population. The NBB is licensing Bitt’s digital currency infrastructure to support access to easy, secure, and efficient payments solutions for retail and business customers. The NBB’s Pay eWallet will be launched in early 2021 and will be available to all customers and businesses by mid-year and users can carry out customer to customer, customer to business and business to business transactions. BITT’s Digital Currency Management Systems are used by central and commercial banks, credit unions, merchants, and consumers so all ecosystem participants can digitally transact in the post-COVID-19 economy. The NBB is committed to bringing financial inclusion to the nation’s unbanked and underbanked and reduce the requirement for in person transactions during the pandemic.