Barita Financial Group says BPay pilot focused on financial inclusion

Barita Financial Group Limited has announced the controlled pilot rollout of BPay by Barita, a digital wallet offered by Barita Merchant Bank Limited, a deposit-taking institution licensed by the Bank of Jamaica (BOJ).

In a statement Sunday, the company noted that the initiative is “focused on bringing digital financial services directly to communities, campuses and workplaces.”

Barita says BPay was approved by the BOJ following its regulatory review process and is being piloted in accordance with the applicable regulatory framework established by the central bank.