The Reserve Bank of Fiji (RBF) today announced a major milestone in Fiji’s financial landscape with the successful integration of mobile money wallets with bank accounts through the successful onboarding of Fiji’s Mobile Network Operators (MNOs) into FIJICLEAR the backbone of the National Payment System administered by the RBF to process and clear payments between commercial bank customers.
This integration allows customers to instantly transfer funds between their mobile wallets and bank accounts. It also enables direct transfers between customers of M-PAiSA and MyCash, an unprecedented development that enhances convenience and accessibility for all Fijians. This advancement follows the Go-Live of the Real-Time Gross Settlement System and Central Securities Depository in 2022 and the launch of the Automated Clearing House in 2023 marking another critical step in modernising Fiji’s payment infrastructure.
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