BiMPay worked ‘99.8% of time’

BiMPay was not introduced before it was ready. Central Bank Governor Dr The Most Honourable Kevin Greenidge made that clear yesterday as he acknowledged a challenging first month for the national instant payment system, including the late payment of some salaries and pensions. Speaking during a press conference at the Courtney Blackman Grande Salle of the Tom Adams […] The post BiMPay worked ‘99.8% of time’ appeared first on nationnews.com.

BiMPay worked ‘99.8% of time’

BiMPay was not introduced before it was ready.

Central Bank Governor Dr The Most Honourable Kevin Greenidge made that clear yesterday as he acknowledged a challenging first month for the national instant payment system, including the late payment of some salaries and pensions.

Speaking during a press conference at the Courtney Blackman Grande Salle of the Tom Adams Financial Centre in The City, he said when BiMPay went live on June 13, the system was ready and had undergone adequate testing.

The Governor said there was no case of system failure but that the payment rail was impacted by other issues, including those within the purview of participating financial institutions.

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The post BiMPay worked ‘99.8% of time’ appeared first on nationnews.com.