What's New in Payments

Bermuda trials digital stimulus token to distribute financial aid to citizens’ mobile phones

Bemuda's Premier David Burt using digital payment stimulus token

Residents and retailers in Bermuda are taking part in a pilot to test the viability of a “digital stimulus token”, which the Bermudan Government hopes to use to distribute financial aid more efficiently and to facilitate the purchase of food and other essential items during and beyond the Covid-19 pandemic... More