Status
Operating at scale
Data Exchange System Name
Data Exchange System
Data Exchange System link
If a RTPS exists
Yes
Vision: PSP interoperability
Yes
Digital ID System Name
Cédula de ciudadania Cédula digital
ID System link
Name (Payment)
(In development) interoperable instant payment system
URL (Payment)
Region
Latin America
# of participants
NA
AML law
NA
Bank participation in network
Yes
Centralised fraud management system?
NA
Consumer protection law
NA
Governor
Central bank/ Financial regulator
Instant settlement system/ platform
Yes
Non-bank participation in network
Yes
Notes
Minka (fintech operating Transfiya) is funded by Mastercard. The stack and services which has invited integrations by private sector players like Google, Mastercard. Note on interoperability policy- focused approach in which interoperability is required or encouraged, either for only a given set of payment types or for only some PSPs CDPI- Interoperable payments (P2P / P2M) with two switches (unsure of the status of the 2nd switch)
Offline transactions
NA
Operator
NA
QR-based transactions
NA
Reporting forum/ website/ form
NA
Rules: data handling rules for PSPs, users
NA
Rules: data leak notifications
NA
Rules: participation conditions
Unknown
Rules: recourse mechanism
NA
Rules: transaction recall
NA
Settlement systems
Transaction cost
NA
Transaction types
NA
Value (Year-USD)
NA
Volume (Year- Volume)
NA