Posted: Thursday, March 17, 2022. 8:58 p.m. CST.
By Aaron Humes: Belize Bank Limited’s E-kyash electronic payment solution will be tested for online payments for processing temporary work permit applications with the Department of Labor.
The Bank beat bids from the National Bank of Belize, Heritage Bank Limited, Speednet (Smart) and Digi submitted under the Electronic Payment Solutions Support Project.
Launched last August and used by more than 40,000 people, the Bank has several key features of the new currency: person-to-person transfers; Free payments by QR code at merchants; bill payments to over 70 entities that you can save for future ease; payment of salary to create efficiency and savings; geolocation, allowing you to quickly find the nearest merchants and retailers to buy from more than 1,500 businesses; and the English and Spanish versions of the consumer and business apps.
Employers applying for staff work permits will now be able to pay securely online, making the application process more efficient and immediate, avoiding delays or disruptions.
A government statement reads: “The integration of digital payments builds on the government’s commitment to achieving our digital transformation by delivering effective end-to-end digital government services. This will improve government service delivery and promote the ease of doing business in Belize. The initiative is led by the e-Governance and Digitization Unit of the Ministry of Utilities, Energy, Logistics and e-Governance, Ministry of Finance and Ministry of Rural Transformation, Community Development , labor and local communities.
The new service is expected to go live at the end of April 2022. For more information, contact the e-Governance and Digitization Unit of the Ministry of Utilities, Energy, Logistics and e-Governance at following address: [email protected] or the Ministry of Finance at: [email protected] To learn more about Belize’s revolutionary digital wallet solution, E-kyash, please visit the Bank’s website at www.e-kyash.com.
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