Payment methods in Jamaica

JAM-DEX is the Bank of Jamaica's retail central bank digital currency, making Jamaica one of the first countries globally to fully deploy a CBDC. It is distributed and accessed exclusively through the NCB Lynk wallet. The government has used JAM-DEX for disbursements including seasonal work payments, with ongoing efforts to expand merchant and consumer adoption.

WiPay is a Caribbean-founded payment aggregator operating in Jamaica, processing card payments, QR payments, and facilitating merchant online storefronts. It supports both local and regional transactions and is used by Jamaican businesses for e-commerce integration.

Lynk is Jamaica's first full-scale digital wallet, launched in December 2021 by NCB's fintech arm. It is the sole approved platform for JAM-DEX, Jamaica's central bank digital currency. Lynk supports P2P transfers, merchant payments, and bill payments. It has approximately 145,000 individual users and 3,000 merchants, with transactions valued over JMD 5 million facilitated to date.

Visa is the world's largest card network, enabling credit, debit and prepaid card payments online, in-store and at ATMs across virtually every market. In the listed countries Visa is a core internationally accepted scheme alongside local methods.

Mastercard is a leading global card network supporting credit, debit and prepaid card payments online, in-store and at ATMs worldwide. In the listed countries it is a core internationally accepted scheme.

Launched in June 2024, NCB's ePOS allows SME customers to turn their mobile phone or tablet into a payment acceptance terminal. It reduces the barrier for small businesses to accept card payments without traditional POS hardware, supporting broader electronic payment adoption across the economy.