Modeled after Africa's successful PAPSS, the CARICOM Payment and Settlement System (CAPSS) is officially live. This digital platform allows Caribbean businesses to settle transactions with African partners using their own local currencies. By reducing the reliance on the US Dollar, businesses are seeing lower transaction fees and faster processing times, providing a significant competitive edge in global trade.
Explore businesses connected to these topics in the Caribbean business directory on AfroPitch, or browse Caribbean startups across the islands.