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RTGS Jamaica
Jamaica’s payment system settled $1.88 trillion JMD through RTGS and processed 16.3 million electronic transactions in February 2025, with POS terminals growing to 32,353 and GOJ bond stock rising to $820.8 billion in the year’s shortest month.
Jamaica’s remittance inflows rebounded 3.9% year-on-year to US$255.5 million in January 2025, reversing December’s 6.0% decline as the USA contributed 69.7% of flows and fiscal year-to-date performance posted a marginal 0.2% gain.
Jamaica’s remittance inflows rebounded 3.9% year-on-year to US$255.5 million in January 2025, reversing December’s 6.0% decline as the USA contributed 69.7% of flows and 492 active service provider locations operated across the island.
Jamaica’s payment system processed 18.0 million electronic transactions and settled $2.32 trillion JMD through RTGS in January 2025, with POS terminal count correcting to 32,087 from December’s anomalous 49,532 figure and GOJ bond stock rising to $793.8 billion.
Jamaica’s 2024 full-year payment data shows 185.73 million digital transactions, $34.79 trillion in RTGS settlements, and a first-ever trillion-dollar POS year, confirming the island’s most digitally active financial year on record.
Jamaica’s payment system processed 185.73 million electronic transactions and settled $34.79 trillion JMD through RTGS in 2024, with POS card spending surpassing $1 trillion for the first time in a landmark year for the island’s financial infrastructure.
Jamaica’s payment system processed 185.73 million electronic transactions and settled $34.79 trillion JMD through RTGS in 2024, with POS card spending surpassing $1 trillion for the first time in a landmark year for the island’s financial infrastructure.
Jamaica’s payment system processed 185.73 million electronic transactions and settled $34.79 trillion JMD through RTGS in 2024, with POS card spending surpassing $1 trillion for the first time in a landmark year for the island’s financial infrastructure.
Jamaica’s full-year 2024 remittance inflows reached US$3,357.4 million, a marginal 0.4% decline from 2023, as December monthly flows fell 6.0% year-on-year to US$277.0 million with the USA accounting for 67.3% of total receipts.
BOJ data through November 2024 shows RTGS settling $32.86 trillion JMD, building societies handling 44% of USD settlements, and debit cards at 3.85 million as Jamaica approaches a record payment year.
Jamaica’s POS Network Approaches $1 Trillion in Transactions as Cheque Use Falls to a Three-Year Low
BOJ data for October 2024 shows POS transactions approaching $1 trillion JMD, cheques at a three-year low, and debit cards at 3.81 million as Jamaica’s payment system builds to a record year.
BOJ data through September 2024 shows 136 million electronic transactions worth $4.19 trillion JMD as Jamaica’s payment network approaches its most active year on record, with RTGS settling $28.77 trillion.
BOJ data through September 2024 shows 136 million electronic transactions worth $4.19 trillion JMD and RTGS settling $28.77 trillion as Jamaica’s payment system approaches a record year.
BOJ data through September 2024 shows 136 million electronic transactions worth $4.19 trillion JMD as Jamaica’s payment network approaches its most active year on record, with RTGS settling $28.77 trillion.
BOJ data for August 2024 shows Jamaica added 718 POS terminals and 70,000 debit cards in two months, as RTGS settled $26.92 trillion JMD and the island’s digital payment network expanded consistently.