Comments on: 5 reasons why cash is still king in the Caribbean, although digital payments are on the rise

By: owen

owen — Wed, 09 Jun 2021 11:36:55 +0000

Trying to get the unbanked into a system that turns out to be more expensive than simply remaining unbanked is a uphill battle. It costs too much, too many hoops to jump through and then you get trapped in a “park at your own risk” EULA.

By: EDIT119

EDIT119 — Sun, 06 Jun 2021 19:33:20 +0000

Thank you for this. However, it is not possible to have successful digital transaction/e-government services without preparing the public to receive these services. This is one of the greatest failure (apart from greedy short-sighted bankers) that continues to hinder the process in the region – poor education (and I am not referring to marketing and social media campaigns). All this expenditure on technology with low literacy rates and knowledge-base to embrace this change is problematic. Regional citizens work with international firms but payment other than through these expensive wire transfers make our businesses non-competitive with other countries. We have a long way to go.

By: Damion G. Miller

Damion G. Miller — Sat, 05 Jun 2021 03:15:16 +0000

Very good article!!