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Solomon Islands' New Digital Payment System to Increase Access to Banking, Support Economy

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. ....

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