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Seychelles introduces Educational Loan Scheme for university students, ends Part-Financing Scheme

Seychelles introduces Educational Loan Scheme for university students, ends Part-Financing Scheme
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CBS hold 45th anniversary lecture

The Central Bank of Seychelles (CBS) yesterday evening hosted its customary anniversary lecture to coincide with the institution’s 45th anniversary. The 2023 Anniversary Lecture under the theme ‘Navigating the Evolving .

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Read the latest Seychelles headlines - updated 24/7/365. We link to the best sources from around the world. Get the latest on Seychelles.

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Consumers encouraged to adopt contactless payment technology

Some of the presentations (Photos: Thomas Meriton) The term contactless payment refers to a secure method for consumers to purchase products or services using a debit, credit, smartcard, or another payment device by using radio frequency identification technology and near-field communication. This payment method works by tapping a payment card or other device near a point-of-sale terminal equipped with contactless payment technology. Contactless payment is also referred to as tap-and-go or tap by some banks and retailers. Already introduced by several commercial banks locally, the Central Bank of Seychelles, along with the Seychelles Bankers Association (SBA) are encouraging more people to adopt the payment technology which they have described as “fast, safe, easy and secure”.

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