The convenience of Digital Cash will soon be available for Vincentians, as the Eastern Caribbean Central Bank, ECCB prepares to launch a digital version of the EC Dollar, dubbed D-Cash
The initiative was discussed during NBC s Views On Issues programme on Sunday, which examined various aspects of the project.
Chief Risk Officer of the ECCB and Chair of the Bank’s Fintec Working Group, Charmaine Powell – explained that D-Cash is expected to enhance efficiency in the financial system.
Miss Powell disclosed that D-Cash can be accessed by way of an app on a smart device.
Meanwhile, the ECCB says the introduction of D-Cash in St. Vincent and the Grendadines is a timely initiative, as Vincentians recover from the explosive eruption of La Soufriere Volcano.
The point was made by Ketura Charles – Risk Analyst and Lead member of the Fintech Working Group at the ECCB
And, Country Manager for the local branch of RBTT, Vonetta Rogers highlighted the benefits of D-Cash for the Bank’s clients.
