Curaçao and Sint Maarten to introduce instant payments system

Central bank partners with equensWorldline to build new dual currency system

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The Central Bank of Curaçao and Sint Maarten has announced plans to introduce a new dual currency instant payment system by the second half of 2021.

The central bank is working with equensWorldline, a European payment infrastructure provider, to design a new payment, clearing and settlement system. It will conduct transactions in both Antillean guilder and US dollar.

“This makes the CBCS one of the first institutions in the region to use a direct dual currency system and to process dollars

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Global Technology Partner: ACI Worldwide

ACI Worldwide powers 26 domestic and pan-regional real-time payments schemes across six continents, including 10 central infrastructures, providing solutions to central banks, participant banks, fintechs and other payment service providers

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