Jamaican Dollar

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.

NCB (National Commercial Bank) is Jamaica's largest bank, offering retail, SME, and corporate banking, and is part of NCB Financial Group.

Scotiabank Jamaica is the Jamaican subsidiary of Scotiabank, one of the country's top three banks.

Aggregate of remaining banks in Jamaica, collectively ~38.0% of domestic banking assets.