Implement person-to-person inter-island cross-border remittance. Multi-phase implementation with first phase proof of concept between Fiji and Vanuatu. Service will allow individuals to transfer funds from M-PAiSA mobile money wallet in Fiji to recipients in Vanuatu holding an M-Vatu mobile money account and vice versa. Service will be real-time, 100% digital and should reduce the cost of sending funds by half compared with existing methods.
Pacific Inter-Island Cross-Border Remittance
About the Project
Start and End Date
January
2023
-
April
2023
Geographical Focus
Main Beneficiary
Private Sector
Status
Budget
Donors
Policy Area
PA1. E-commerce Readiness & Strategy Formulation
Strategic Output
1.1. National E-commerce strategies are developed and implemented in FICs, which are built on domestic consensus and inspired by the Regional E-commerce Strategy and Roadmap.
Measures
1.1.2 Establish a Pacific E-commerce Committee and national E-commerce committees modelled on the regional body to strengthen cooperation between government institutions, regulatory bodies and leading private sector partners
