Status
Operating at scale
Data Exchange System Name
Plataforma de Interoperabilidad
Data Exchange System link
If a RTPS exists
Yes
Vision: PSP interoperability
Yes
Digital ID System Name
Ciudadania digital
ID System link
Name (Payment)
QR BCB/ $imple
URL (Payment)
Region
Latin America
# of participants
Unknown
AML law
Unknown
Bank participation in network
Yes
Centralised fraud management system?
Unknown
Consumer protection law
Unknown
Governor
Central bank/ Financial regulator
Instant settlement system/ platform
Unknown
Non-bank participation in network
No
Notes
Not open to accounts outside of Union Bank so far- meant to be achieved by 2024.
Offline transactions
Unknown
Operator
Central bank
QR-based transactions
Unknown
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Unknown
Rules: data leak notifications
Unknown
Rules: participation conditions
Unknown
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
Transaction cost
Unknown
Transaction types
Remittances
Bulk transfer
Merchant payments
Cash deposit + withdrawal
Value (Year-USD)
So far only accessible to accounts under Central Bank but meant to be interoprable among all bank and non bank financial institutions
Volume (Year- Volume)
Unknown