NewzThe Banco Central de la República Dominicana (BCRD) has announced the implementation of a new instant payment management system, known as the Sistema de Gestión de Pagos Instantáneos (SGPI).
Scheduled to launch in the first half of 2027, the new platform will initially facilitate fund transfers between both individuals and legal entities within the Dominican Republic.
The initiative involves the deployment of a modernized payment infrastructure that is set to replace existing legacy systems.
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