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Solomon Islands will benefit from a new digital payment platform launched, which will make banking easier, contribute to the digitalization of the economy, and help drive inclusive sustainable economic development. Launched and overseen by the Central Bank of Solomon Islands (CBSI), the Solomons Automated Transfer System (SOLATS) is a real time gross settlement payment system that will secure transactions, protecting customers and businesses from fraud. It will also simplify transactions.

New zealandPapua new guineaSolomon islandsSolomon islands generalSolomon islandersJonathan schwassLuke forauJudith greenWorld bankWorld bank groupCentral bankSolomon island new digital payment systemIncrease accessSolomons automated transfer systemSolomon islands governmentAustralian high commissioner