The implementation of this new payment infrastructure – which is led by the CBA – is unique because the Caribbean island switched completely from traditional batch payments to instant payments. After this switch, all interbank payments in Aruban florin initiated in Aruba can be instantly processed 24/7/365. The IP CSM is fully compliant with international standards and ISO20022.
equensWorldline is the pan-European provider of payments and transactional services. Being part of the Worldline Group, equensWorldline combines expertise in traditional mass payment systems (issuing, acquiring, intra- and interbank payment processing) and ecommerce and mobile payment solutions.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.