E-payment solutions

The Pacific responds to declining Correspondent Banking Relations in the region

The Pacific Islands Forum Secretariat (PIFS) and the World Bank co-organised the first High-level gathering on 27-28 March in Sydney to address the decline of Correspondent Banking Relations (CBR) in the region. This meeting marks the initial step in implementing the CBR Action Plan, endorsed by Forum Economic Ministers in August 2023. The Pacific region […]

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Solomon Islands launches M-SELEN mobile money service

On 12 June, Solomon Islands launched its third mobile money service, M-SELEN. Thanks to Our Telekom, Solomon Islands leading mobile network operator, and the support from the United Nations Capital Development Fund (UNCDF), the app will be a key enabler to financial inclusivity and online purchasing for the unbanked population. According to the Pacific Regional

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Launch of UN Report reveals Fiji’s digital and financial literacy landscape

In 2022, the UN Capital Development Fund (UNCDF) conducted a Digital and Financial Literacy Baseline Survey in seven Pacific Island Countries: Fiji, Papua New Guinea, Samoa, Solomon Islands, Timor-Leste, Tonga, and Vanuatu. Fiji was the first of the Pacific countries where the survey was rolled out. On 27 July 2023, UNCDF and the Reserve Bank

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Grant opportunity: Digital Innovative Solutions to support Pacific Agribusinesses

The United Nations Capital Development Fund (UNCDF) is inviting private sectors innovators to submit proposals on digital innovative solutions to support micro to medium scale Pacific Agribusinesses. The Pacific Agri-MSME Digital Innovation Challenge will offer grants of up to USD 80,000 and a range of support services to design and launch digital solutions that support

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A new cross-border mobile money service launched in the Pacific

The Pacific E-commerce Initiative welcomes the launch of a new feature connecting Vodafone’s M-PAiSA and M-Vatu services and allowing cross-border money transfers. The new feature allows greater convenience to remit funds across the borders from Fiji to Vanuatu paving way for inclusive digital transfer solutions and instantaneous transfer. The new service directly implements Measure 5.1.4

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