Roundup: for the week ending 28 May 2023
A roundup of the latest ICT/technology news from across the Caribbean region for the period Monday 22 May to Sunday 28 May 2023.
Read More
Tag: e-commerce
5 reasons why Caribbean businesses need to lean more into mobile
To a considerable degree, Caribbean organisations view mobile/cellular devices as providing marketing and promotion access, such as via social media. But mobile has become considerably more powerful and has become a crucial channel through which complete sales and do business.
Read More
Roadblocks to a successful digital marketplace for JAM-DEX: 5 critical issues to tackle
As early as July 2023, Jamaica should have a digital marketplace, which it is hoped will drive increased e-commerce and the use of digital payments, especially JAM-DEX, the country’s Central Bank Digital Currency. However, cognisant of the challenges JAM-DEX has been experiencing, the immediate success of the digital marketplace is not assured. We outline five issues that must be addressed before the digital marketplace for JAM-DEX is likely to be a success.
Read More
ICTP 251: Digital payment fraud, with Eldred F Garcia of First Atlantic Commerce
When it comes to making payments online, the convenience and ease of use of digital transactions have made them increasingly popular, and even essential, in today’s environment. Continuing with our Fintech in the Caribbean series, Eldred F Garcia, of First Atlantic Commerce (FAC), gives us an excellent primer on credit card payments. He also outlines the main types of payment fraud that FAC’s customers have been experiencing, and suggests how Caribbean MSMEs can participate more fully in the digital payments space, noting their limited resources.
Read More
Contactless credit card payments: Pros, cons and what else you need to know
Contactless credit card payment is slowly being rolled out across the Caribbean region. To some, it is a much-welcomed convenience, to others, a source of concern. In this article, we provide a quick primer on this development in the region’s banking space, including some of the perceived benefits and drawbacks.
Read More